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To: Lucretius who wrote (3265)11/20/1997 12:19:00 AM
From: The Perfect Hedge  Read Replies (2) | Respond to of 95453
 
L--
Does anyone think that Friday's expiration could be an obstacle to these stocks heading back up?
Some of these stocks are so far down and call buying is big.Investors are betting on turnarounds and I think the mm's might not let significant movement happen until after expiration.If you look at the open interest of these stocks' option chains you'll see what I'm saying.There are far more calls than puts.Any thoughts?GD