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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Steven Bowen who wrote (2360)1/20/1998 11:48:00 AM
From: xstuckey  Respond to of 4969
 
Hi Steve,

I was not addressing your personal strategy; rather, traders are seeing the chance to short for a guaranteed small premium to intrinsic value.

Whether you make the short sale or sell to someone else who makes the short sale should not matter to the conclusion that the stock price is driven toward the strike price.

Best Trading, X