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


To: Golden Bear who wrote (21976)1/6/1999 7:26:00 PM
From: HerbVic  Read Replies (4) | Respond to of 213173
 
"2,002 contracts were purchased of the Jan 27.5 Calls."

In the money calls this close to expiration? Looks like a hedge on a BIG other way bet. It could mean that this dribbling of the ball is about to end in an attempt on the basket.

Anyone have a different take?

Marc, were you following AAPL on Level II today? If so, can you confirm my assumption that most of the bidding volume was from a few sources eager to lower the bid and blocking competition by leaping to the ask at any show of support?

HerbVic



To: Golden Bear who wrote (21976)1/6/1999 9:41:00 PM
From: Linda Kaplan  Read Replies (2) | Respond to of 213173
 
Gee!!! Wonder why they picked that strike? --Linda