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


To: E. Graphs who wrote (15817)10/26/1998 12:12:00 PM
From: Mark Oliver  Read Replies (1) | Respond to of 25814
 
Do you follow the pressure options put on share price? I was just noticing there are 2024 open interest at the Nov 12 1/2 strike. Is this a high number for LSI? Do you think this is enough to pressure the share price back to 12 1/2 by Nov 20th?

I was thinking about selling some of these covered calls, but they have little premium indicating the buyers think the price is more likely to fall than rise.

Maybe all the bad news is out and LSI will follow along on market rallies, if they continue? What's the motivator to see this stock get higher?

Regards,

Mark