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

To: Carlyle who wrote (27589)10/31/1997 3:42:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>Someone just opened 1400 NOV 25 (WDCWE )puts 7/16 on an uptick

Carlyle how do you know that this was an opening positions as opposed to the closing of a position?



To: Carlyle who wrote (27589)10/31/1997 3:57:00 PM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Carlyle, bear in mind while watching option activity that many companies are actively selling calls and puts on their own stock... expecting them to be worthless by expiration.

Jim


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