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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: jim bender who wrote (10966)11/30/1997 10:37:00 PM
From: Mang Cheng  Respond to of 45548
 
Jim, that's a good observation on the Dec COMS calls. High contract vol. of the slightly in the money and out of the money calls is bullish (based on my own experience).

Either people are buying calls outright as speculation or shorters are buying the calls as insurance. At this stage of the game, I think the formal type is more prevalent - just my guess.

Please keep track of any unusually high vol. day and inform the thread about it. Also should look at the put volume - any up-shoot in vol. should be alerted to too.

Mang