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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: ljbein who wrote (2120)	2/2/2000 8:19:00 PM
From: SecularBull	Respond to of 8096

Probably because they're the same option but on two separate options exchanges. Also, some can be the result of a split. Look at WCOM for this example. Some options are for 150 shares per contract (not normal) and some are for 100 shares (normal). This is because WCOM split 3:2. 100 share contracts became 150 shares. LoF

To: ljbein who wrote (2120)	2/2/2000 10:18:00 PM
From: edamo	Respond to of 8096

lorinda...don't lurk, join in...it could be beneficial! "more then one option on same strike" i'm not familiar with the option chain on ntap, but possibly the two same strike and expiration could be the put or call contract.

To: ljbein who wrote (2120)	2/3/2000 12:06:00 AM
From: Tom K.	Respond to of 8096

... why is there more than one option on strike prices?... Lorinda, NTAP is listed on the CBOE and AMEX, hence you see a price for each exchange listing. Hope that helps. Tom

To: ljbein who wrote (2120)	2/3/2000 12:50:00 AM
From: RR	Read Replies (2) \| Respond to of 8096

Lorinda: It may be that NTAP has split. For example, I recall in past years when CSCO split 3:2. After the split, the same option symbol would still be used but the contract represent 150 shares instead of 100. Then there would be a new additional symbol created but represent 100 shares. Both options, while different symbols, would be for the same strike price. Of course the price you pay for each would be different. I am not familiar with NTAP so can't say if that same situation happened as the CSCO example. Rick