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 : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (5861)	5/14/1998 9:32:00 PM
From: Daveyk	Read Replies (1) \| Respond to of 6980

Hello Bosco,by selling CC's my cost basis is now single digits on my original shares.I have some active CC's also with June expiration.One can purchase stock now and get nearly a ten percent premium on CC's a month out.Of course with tomorrow being expiration day for May July's will open Monday and Junes will lose some time value.I may sell more yet or roll further out with others. Regards,Dave

To: Bosco who wrote (5861)	5/15/1998 1:02:00 AM
From: blankmind	Respond to of 6980

if open interest means anything, we will close at ____? does anyone want to guess? i have posted the open interest for bay. if i was reading this, i would bet on bay to finish at 25 (+/- 3/8th). at 25 all the 25 put and calls expire worthless plus all the 27 1/2 calls expire worthless. tomorrow will be an interesting and pressure day in my opinion, with much pressure towards 25. the big positive is the buyout speculation and why bay moved past 25. BayNwk (BAY) Underlying stock price: 27 11/16 call put Strike Expir Volume Last Open_Inter Volume Last Open_Interest 20 May 68 8 3/8 587 ... ... 531 22 1/2 May 38 5 1/4 1509 ... ... 2586 25 May 736 2 15/16 10611 75 1/16 4003 27 1/2 May 830 1/2 3641 305 1/4 1074 30 May 228 1/16 1986 ... ... 322