SI
SI
discoversearch

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 : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv Hargunani who wrote (1961)7/31/2002 10:48:28 PM
From: StanX Long  Read Replies (1) | Respond to of 25522
 
Is it your thoughts that it is very strange to see these
high volumes on the high end of the strike table, see
below? These are for Puts.

Strike price change Volume
47.5  .SMHTW 20.50  +0.60  20.50  20.90  5011 
50  .SMHTJ 23.00  +0.60  23.00  23.40  3000 
55  .SMHTK 28.60  +1.20  28.00  28.40  5002 
60  .SMHTL 33.60  +1.90  33.00  33.50  6251 
65  .SMHTM 38.60  +1.90  38.00  38.50  8251 

Typically the highest volume were on the low end of the
strike price. See below the low end of the strike price.

Strike price change Volume
20  .SMHTD 0.10  0.00  0.05  0.15 
22.5  .SMHTX 0.35  +0.10  0.20  0.35  181 
25  .SMHTE 0.75  +0.20  0.70  0.85  43 
27.5  .SMHTY 2.05  +0.65  1.75  1.90  794 
30  .SMHTF 3.80  +0.70  3.50  3.70  95 

So this suggests that thousand of puts were sold today
with a very high premium. Then this implies that the Big
Money see an upturn in the future and these puts will die
worthless.

Is that what this is suggesting?

Thanks

Stan



To: Rajiv Hargunani who wrote (1961)7/31/2002 11:53:09 PM
From: Gottfried  Respond to of 25522
 
Rajiv, where did that SMH puts data come from?
SMH August puts: Datek shows this. I omitted strikes that
had zero volume today.

last change volume open interest

02 Aug 20  .10 0 756
02 Aug 22.50 0.35 .05 51 3,790
02 Aug 25 0.75 .05 20 2,984
02 Aug 27.50 2.05 .55 577 5,524
02 Aug 30 3.8 .80 46 2,091
02 Aug 32.50 5.6 .60 5 7,722
02 Aug 35 8.4 1.2 5 5,227
02 Aug 37.50 11.2 1.8 4 3,835
02 Aug 40 13.6 1.9 0 2,093

Datek shows no activity above the $37.50 strike.

Yahoo finance.yahoo.com

We have some discrepancies.

Gottfried