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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: adcpres who wrote (39393)12/27/2000 2:45:51 PM
From: Bert  Respond to of 42787
 
I wonder if GW is going to call the legal battle with MSFT off...

Bert



To: adcpres who wrote (39393)12/27/2000 2:59:38 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 42787
 
adc - large put volumes.
As I already posted, this could be a misprint.
I have it hard to imagine a naked position of that amount.
Expecting some kind of a short term strategy here.

Also, don't get fooled with volumes:
- there are some strikes on MSFT with 150k open/interest. Closing 30k of them is no big deal.
- big volumes can also result from spreads. A put spread has two legs: twice the volume, one long plus one short. Also only valued at the difference in premiums. I suspect a speculative spread, but as said, can' sent a trace.