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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Kevin A. Lynch who wrote (28927)7/13/1998 11:27:00 AM
From: Mike Fredericks  Read Replies (1) | Respond to of 97611
 
Re: Options Expiry and impact on Stock Price

Someone here mentioned that the big boys would try to get the price as close to 30 as possible on expiration to make as many of those calls expire worthless as possible.

How did you guys arrive at this decision?

Reason I ask is that on a web site ( webindustries.com ) when I look up CPQ, it says that "parity" for Jul '98 is at 27.5.

Just curious what the different things mean.

-Mike