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

To: Ed Richmond who wrote (35646)	2/21/1998 3:57:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Depending on who is short those calls. Since options are a zero sum game (there is a seller for every buyer), Ed, The above is true but more often than not, the seller is the Market Maker and he is short Call contracts. The brokerage house for which the Market Maker works, will always have shares in the event shares are called away. That is the cost of doing business. The other side of the coin is the brokerage houses gets to keep all the premiums on the eighty percent of calls that expire worthless. Glenn