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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (13926)11/10/1997 6:01:00 PM
From: Joe S Pack  Read Replies (2) | Respond to of 50167
 
Can some one throw some more light into Intel Pentium bug? What are the implications?
Is there a link to this story?
Does this mean yet another buying opportunity in near future?

-Karun



To: Darth Trader who wrote (13926)11/10/1997 6:06:00 PM
From: Judy  Read Replies (1) | Respond to of 50167
 
Darth, you going to close your IBM puts at 96ish or wait to see if it can break 95? Expecting IBM to retrace up before expiry, but that's a long time away.

As for the bearish OI on the puts, I'd be more interested in the size of transactions rather the cummulative OI. Quite possible that IBM is selling puts during market weakness as part of their stock buyback program. MSFT and INTC do this as a matter of routine.


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