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.

Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Emmo who wrote (1805)	12/23/1997 4:24:00 PM
From: Paul Dubsky	Read Replies (2) \| Respond to of 27311

Open interest in call options continues to rise. There are about 6,000 open call lots (various strike prices) against only 250 open put lots (various prices). To me, this is very, very interesting. Why so much open call interest? I don't understand all of the dynamics of options trading, but would think that more call interest indicates that investors expect the price of the underdying security to rise (option to buy). Anyone else have a take on this? As far as the finish at $4 11/16, I'd have to say I'm extremely satisfied that we didn't blow a new bottom after the resig. of Masuda. Those with the big shares are holding at these levels, clearly. I hope VLNC could come out with a pre-1998 announcement so that we can get some share appreciation!