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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Chuan who wrote (6911)3/17/1999 5:52:00 PM
From: Bala  Read Replies (2) | Respond to of 41369
 
AOL still trading in nasdaq at 109 1/16(quote.yahoo.com)

Even delayed quotes like quote.yahoo.com showing these trades..

Any idea what's going on?



To: Joseph Chuan who wrote (6911)3/17/1999 6:07:00 PM
From: Orlando Stevenson  Read Replies (2) | Respond to of 41369
 
This should help... impact for AOL is anyone's guess (lots of factors could come into play)- just expect more than the "usual" volatility :) ols

"Triple witching refers to the market machinations brought on by the simultaneous expiration of stock index futures, stock index options, and stock options. This happens four times a year, on the third Fridays of March, June, September, and December. To be precise, the phrase is Triple Witching Hour, and refers to the last hour of trading on these Fridays. The expiration of these vehicles can cause high volatility in stock prices as traders play madly with the expiring vehicles and the underlying securities."

fool.com