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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (35637)2/20/1998 5:00:00 PM
From: Ed Richmond  Read Replies (1) | Respond to of 61433
 
How do you find the outstanding open interest on these?



To: Jeff Jordan who wrote (35637)2/20/1998 5:10:00 PM
From: Wesley Zega  Read Replies (1) | Respond to of 61433
 
Jeff,

Are you implying the option losers are going to punish the stock?

TIA

Wesley



To: Jeff Jordan who wrote (35637)2/20/1998 5:18:00 PM
From: George Coyne  Read Replies (2) | Respond to of 61433
 
<< 37,000 calls expired worthless....1844 puts worth 1/16<g>>>

How do you figure? Aren't the 35 calls worth 1/2?

G.W.



To: Jeff Jordan who wrote (35637)2/21/1998 12:19:00 AM
From: Daniel W. Koehler  Respond to of 61433
 
jeff

i kinda got into cash and sold 1/2 of my jun 35/40 calls. i'm really starting to worry that Clinton may be cooked!

Did you see that Starr flipped Jim Guy Tucker, former Ark. governor who pleabarginned his way out of jail time in exchange for a guilty plea and cooperation with Starr.

I always suspected that Starr was working his way up the food chain until he got a higher up to rollover on WJC. Hope I'm wrong -got a bunch of OTM March calls that I need to do somethng with.

Ciao,
Daniel



To: Jeff Jordan who wrote (35637)2/21/1998 12:24:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
37,000 calls expired worthless....1844 puts worth 1/16<g>

Look out on Monday! The last after hours I saw was 35 3/8


Jeff,

Next month OI will be skewed a bit. The March expiration is the six month cycle for ASND options. Excluding LEAPS, they have been open the longest and during that time ASND's share price has fluctuated greatly.

The Market Makers will have their work cut out for them for March expiration. They less control during the six month cycle due conflicting interests among the Market Makers. This should permit the market to valuate ASND with little attempt to manipulate price by the Market Makers.

Glenn