Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: AlienTech who wrote (28537)	11/16/1997 8:20:00 PM
From: Heg Heg	Read Replies (3) \| Respond to of 58727

Open Interest anyone? Following are the 'optimal values' going into expiration week. The collumns calculate from November options only: FORM'3 = strike for which optione writers cost becomes minimal BestC = option writers cost at that strike (millions $) CurrC = option writers cost at the current price (m$) FORM'2 = strike closest to equilibrium re option related share trades from arb's (assuming bulk of option writing is arb's) FORM'1 = strike at which the least number of options are in the money CurrP = the current share price General observation: a lot of stocks are close to the optimal points already, of those which are far out most are BELOW the optimum price. Last month we did see a lot of movement, however the whole market moved and not just some stocks. That makes it difficult to tell if any effect exists. Good Trading Heg SYMBOL FORM'3 BestC CurrC FORM'2 FORM'1 CurrP ABT 60.00 3.23 4.41 57.50 65.00 64.44 ALTR 45.00 0.70 1.06 45.00 45.00 46.38 AMAT 35.00 8.20 9.46 35.00 30.00 32.81 AMD 25.00 2.55 7.60 25.00 25.00 20.44 APM 30.00 4.44 8.91 27.50 30.00 18.63 ASND 30.00 8.61 12.60 30.00 25.00 24.38 ASPT 22.50 0.01 22.50 22.50 22.25 ATML 25.00 2.69 2.97 27.50 25.00 24.56 BA 50.00 4.28 5.52 50.00 50.00 48.00 BAY 30.00 4.24 4.86 32.50 25.00 28.56 BMY 85.00 1.27 5.36 85.00 85.00 93.50 CA 70.00 0.64 0.65 72.50 70.00 71.75 CAT 55.00 1.55 3.58 52.50 55.00 45.94 CCI 130.00 5.52 18.98 130.00130.00 116.25 COHR 40.00 0.10 0.15 40.00 40.00 36.75 COMS 40.00 15.25 28.27 42.50 40.00 30.31 CPQ 70.00 26.99 39.17 67.50 65.00 62.56 CS 30.00 0.54 1.23 30.00 30.00 27.75 CSCO 80.00 7.16 8.40 80.00 80.00 81.38 CYMI 22.50 2.87 3.24 22.50 20.00 20.75 CYRX 22.50 0.75 1.73 22.50 22.50 26.44 DD 60.00 0.16 0.56 60.00 60.00 57.50 DELL 85.00 53.80 56.88 85.00 80.00 79.13 DO 60.00 0.64 0.87 60.00 65.00 58.88 DOW 90.00 0.26 0.41 87.50 90.00 92.69 EMC 55.00 1.46 2.01 57.50 60.00 61.63 EVI 50.00 1.00 1.17 50.00 30.00 59.25 FDC 30.00 0.57 0.77 32.50 30.00 28.56 FORE 17.50 0.58 0.63 17.50 17.50 17.63 GE 65.00 2.09 2.16 67.50 70.00 69.31 GTW 35.00 2.95 5.77 32.50 35.00 28.75 HAL 55.00 1.40 2.07 55.00 50.00 57.25 HON 65.00 0.22 0.29 67.50 65.00 69.25 HTCH 30.00 0.98 1.42 27.50 30.00 25.38 HWP 60.00 12.11 13.05 60.00 65.00 61.63 IBM 100.00 16.12 19.69 97.50100.00 101.50 INTC 80.00 25.11 28.99 80.00 80.00 78.75 IRF 15.00 0.02 15.00 15.00 14.13 JBIL 50.00 0.86 1.43 50.00 50.00 42.63 KLAC 50.00 3.79 4.64 47.50 40.00 42.00 KLIC 30.00 0.28 0.32 30.00 30.00 28.38 KO 60.00 4.12 6.65 60.00 60.00 57.56 LEH 45.00 0.64 0.81 47.50 45.00 43.88 LGND 15.00 0.09 0.11 15.00 15.00 14.00 LLY 62.50 1.06 2.40 62.50 60.00 66.88 LRCX 40.00 0.40 0.88 40.00 40.00 34.38 LU 85.00 2.20 2.74 82.50 85.00 81.19 MER 70.00 1.73 3.47 70.00 70.00 66.31 MOT 65.00 4.86 5.31 65.00 65.00 64.56 MRK 90.00 2.24 2.29 90.00 90.00 90.31 MRVC 30.00 0.21 0.44 32.50 30.00 26.00 MSFT 135.00 14.09 14.23 132.50135.00 133.31 MU 30.00 8.11 16.14 30.00 30.00 23.13 NE 35.00 0.07 0.14 35.00 35.00 33.00 NKE 50.00 1.29 2.43 50.00 50.00 48.69 NN 55.00 1.14 2.06 52.50 55.00 46.44 NSM 35.00 3.28 4.12 35.00 35.00 32.00 NVLS 50.00 1.82 3.77 50.00 50.00 41.75 ORCL 35.00 0.66 0.99 35.00 35.00 34.44 PAIR 25.00 0.28 0.40 25.00 25.00 23.88 PFE 65.00 3.71 5.89 65.00 70.00 71.31 PNU 35.00 0.06 0.40 35.00 35.00 31.50 QNTM 30.00 8.30 8.33 30.00 35.00 30.31 RDRT 20.00 0.98 1.07 20.00 20.00 19.50 RIG 50.00 2.01 2.19 52.50 50.00 55.00 ROK 50.00 0.03 0.05 50.00 50.00 45.75 SBH 45.00 0.39 0.41 45.00 45.00 44.75 SCH 35.00 0.19 0.19 37.50 35.00 37.00 SCI 45.00 0.14 0.24 45.00 45.00 46.25 SEG 30.00 2.09 3.35 30.00 30.00 25.50 SFAM 40.00 0.10 0.17 42.50 35.00 32.00 SGP 55.00 1.94 5.12 52.50 55.00 61.50 SLB 57.50 17.93 30.00 57.50 50.00 86.25 STM 85.00 1.09 2.52 85.00 95.00 68.38 SUNW 35.00 4.79 5.02 37.50 35.00 34.63 SYBS 17.50 0.22 0.40 17.50 17.50 15.81 T 45.00 0.57 1.91 45.00 45.00 48.00 TBI 22.50 0.17 0.21 22.50 17.50 28.38 TER 35.00 1.47 1.82 35.00 35.00 33.50 TLAB 55.00 0.50 0.64 55.00 55.00 53.44 TQNT 25.00 0.48 0.58 25.00 25.00 23.25 TRV 70.00 5.50 5.64 70.00 75.00 70.63 TXN 110.00 25.54 51.47 110.00110.00 94.50 UIS 12.50 1.00 2.37 12.50 12.50 14.00 UTEK 25.00 0.66 0.72 25.00 30.00 26.38 UTX 75.00 0.20 0.28 77.50 75.00 72.31 VLSI 30.00 0.36 0.36 30.00 30.00 30.13 WCOM 35.00 13.04 26.29 35.00 35.00 29.88 WDC 30.00 6.47 9.71 30.00 25.00 23.38 WFR 25.00 0.12 0.32 25.00 25.00 18.00 WLA 135.00 3.28 3.38 137.50135.00 136.88 WSTL 20.00 0.44 0.56 20.00 12.50 17.31 XLNX 35.00 0.98 1.17 37.50 35.00 33.38