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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: FlameMe who wrote (18634)2/15/2001 10:48:30 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
OT/Ross, I am not going to answer that because I don't want to get KG4 in
bad mood again. Root canals take 3 -4 days to cool down.
Check back with me ....Mon., KG4 willing,

TA



To: FlameMe who wrote (18634)2/15/2001 11:46:58 AM
From: t2  Respond to of 24042
 
Somebody just bought 1,000 $45 calls that expire tomorrow for a buck and a half. I joined them and bought some myself.

Can't blame you! The usual activity surrounding options expiration to make a stock go out at a set price should not work this time if sector rotation is in progress by major mutual funds (which is believe has been happening lately).
I believe everyone is bottom fishing the Naz all at once.

Those playing the buy calls and short the stock are safe but the stock will move on demand from real buyers. I think we are out of the usual trading pattern that forces stocks out at set prices.
That is why I think they will just cover the shorts and keep the calls.