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To: Tecinvestor who wrote (35560)12/17/1999 1:24:00 PM
From: David E. Taylor  Read Replies (1) | Respond to of 41369
 
Actually it's the reverse, for SUNW, the value of puts is much greater than calls:

ez-pnf.com

For DELL, the value of calls is much greater than puts:

ez-pnf.com

Same for AOL:

ez-pnf.com

While for INTC, the value of puts and calls is about even:

ez-pnf.com

Nonetheless, all four stocks are pinned fairly close to the "Max Pain" point for December options. Cause and effect, or just natural market forces at work?

David T.