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To: Lazlo Pierce who wrote (426)3/31/1998 8:31:00 PM
From: surfinSteve  Read Replies (1) | Respond to of 930
 
I always thought that options activity was a contrary indicator, so if options players are bearish, then then stock will probably go up near-term. JMHO...



To: Lazlo Pierce who wrote (426)4/1/1998 1:31:00 AM
From: J L Segal  Read Replies (1) | Respond to of 930
 
David, the calls were traded at the offer (indicating a purchase) and the puts traded at the bid (indicating a sale). This is bullish, not bearish. I have access to (real time) time & sales and I saw these trades go through. The link you posted does not show time & sales, only the last bid & offer, etc..

JL


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