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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Crawley who wrote (6507)	6/18/1998 12:20:00 AM
From: Andeveron	Respond to of 164684

>> However, the market makers do buy/short stocks in the open market to adjust his inventory?? << A particular options MM does not necessarily have to buy/short stocks to adjust his inventory; he can call upon an MM that he knows has inventory, long or short, to lend him the shares to cover later. >> If more calls are to be closed, then selling pressure Monday after? << I'm not sure I understand the question. Please re-phrase if possible.

To: Jan Crawley who wrote (6507)	6/18/1998 3:15:00 AM
From: F The	Read Replies (1) \| Respond to of 164684

Jan, This msg is from YHOO board. Does it make sense about the call option? "There will probably lots of upside preessure for the next few days while the options expire. If I counted right there are is an open interest in excess of 1,800,000 shares of June call options in the money and obviously they are not all covered calls. There will probably be lots of purchasing tomorrow and Friday. I haven't counted the July open interest but it also is large (huge)? I rode Presstek up part of the way but got out after tripling my money. Could have done much better but probably would have stayed in too long and lost it all. I prefer puts to shorting the stock - less exposure. When AMZN breaks, it will really tumble! Good luck!"