Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (1893)	12/7/1999 5:28:00 PM
From: SJS	Respond to of 1999

Another interesting note (for option players...). This stock may gravitate to the 12.5 strike price because there are NO strike prices higher right now. I don't think they will open a DEC 15 call or put, but should open the Jan series tomorrow. Unless we get big volume to move us to 15ish area, we stay OVER 12.5 for expiration (Dec 17, 1999). Why? There are 441 open interest DEC 12.5 calls, and only 20 open interest DEC 12.5 puts. They usually like to do the most damage to writers where the most open interest occurs. Part of the MaxPain® theory (as I understand it...) Steve