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To: Peter Goss who wrote (5287)12/30/1997 1:41:00 PM
From: LRS  Read Replies (1) | Respond to of 27307
 
Isn't it great?

These institutions (hedge funds likely) are leaving a trail about a mile wide that anybody can pick up on!!!

Literally, everyday over the last week there have been large concentrations of this call activity. As long as they sell calls, I will short and/or buy puts......



To: Peter Goss who wrote (5287)12/30/1997 1:45:00 PM
From: LRS  Respond to of 27307
 
I think the open interest on that was 2 contracts, so this is definitely not a case of someone "selling to close" their position.

And I seriously doubt that anyone paid those bucks to open a long position.


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