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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Doug Moulton who wrote (13349)	1/29/1998 11:34:00 AM
From: Musa Goksel Bulat	Read Replies (1) \| Respond to of 25960

It means someone bought 20000 shares and insuring his position against potential crash of CYMI. Since upward potential is much higher this is a good strategy. Tomorrow we will know the direcction of CYMI.

To: Doug Moulton who wrote (13349)	1/29/1998 11:46:00 AM
From: Shakush	Read Replies (2) \| Respond to of 25960

Doug M., It also means whoever sold them, likely a pro, thinks they will expire worthless. If the stock goes down, he will probably short 20,000 shares to cover.

To: Doug Moulton who wrote (13349)	1/29/1998 1:50:00 PM
From: nycnpbbkr	Read Replies (1) \| Respond to of 25960

I don't think anyone should make any observations on the options unless they are creating the volume themselves or know where it's coming from . A sell could be a write and a buy could be the closing of a open postion, Which would make someones observations of buying and selling 100% wrong. I know where alot of the option volume is coming from. If people honestly posted their buys or sells than I could account for most of the volume. But posting your option trades is a very bad habit that I don't recomend anyone doing. We should just post the trades without our own observation.