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To: Annette who wrote (11813)3/19/1999 3:11:00 PM
From: zurdo  Respond to of 27722
 
If people stop buying call options, triple witching could be beneficial and should release the NAVR price from the clutches of MMs who sell the options, then are obligated to do everything possible to keep the price below the price level at which the options would begin to cost them money, instead of being another source of profit to them...If the call option buying is kept to a minimum, then the NAVR price level is more likely to rise...Just a theory....



To: Annette who wrote (11813)3/19/1999 3:23:00 PM
From: Fast Eddie  Read Replies (2) | Respond to of 27722
 
<OT> <NAVR> Please excuse me for not bashing anyone. re: Trip Witch
I believe MM's will try to close NAVR at <12 1/2 so options expire worthless. I picked up more @ 12 1/2 earlier today in belief this is low for pre IPO period. IMMHO Have a wild weekend everyone!!
SometimesFast Eddie