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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: NeverRight who wrote (6208)	6/20/1998 10:39:00 AM
From: NeverRight	Respond to of 14266

Back to the call options. It appears that on Thursday someone bought 140 July 30 call in an opening transaction. It is interesting because on Th only 89,000 shares traded and these call options represent a position of 14,000 shares. Taking a look at the open interst in the July 25 and 30 calls, people have taken positions that amount to almost 100,000 shares, which to me is amazing in light of the relatively small float in this stock. I have to wonder if the shorts are hedging their positions in the options market. Well, someone is going to have to deliver the shares.