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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (36456)3/10/1998 10:28:00 AM
From: David Weis  Respond to of 58727
 
Hey Mike,

I'll take a stab at it.

49 is half of 98 ---- Windows 98 ???

so the person did not want to buy 980 of them, so they split their order into 2 parts.

*daw thinks*



To: Mike McFarland who wrote (36456)3/10/1998 10:55:00 AM
From: Patrick Slevin  Respond to of 58727
 
490 might have been "reported" twice, or perhaps someone is trying to get 1,000 but had to split the order.

I know of no rule (offhand) that comes into play once someone trades a lot of "500", if you follow what I am saying.



To: Mike McFarland who wrote (36456)3/10/1998 11:31:00 AM
From: Patrick Slevin  Respond to of 58727
 
Come to think of it there is a rule about an individual and his/her total ownership of options.

At least there was when I took the test years ago, I have to dig and see if I can find it.

EDIT.

Nah. The rule, in MSFT's case, would be a limit of 8,000 contracts.
So that's not it.


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