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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: jbn3 who wrote (21412)3/20/1999 9:55:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 25960
 
jbn3, well it was not such an inaccurate call since the stock was bouncing against $22 when the "call" was made. As a matter of fact most of the day it was just under $25.

Zeev



To: jbn3 who wrote (21412)3/21/1999 12:45:00 AM
From: Guy Gordon  Respond to of 25960
 
"re max pain: Tim, actually the "most pain point" on the March options will be just under $25/share for this Friday, the $25 strike for both calls and puts is the largest open interest, and there are 45 more calls contracts (535 vs 490)"

That's not how it works. A close at 25 would make all those puts & calls worthless. "just under $25" would make the puts worth something.

"Closed at 24.... "
Thus making all the Mar 25 puts worth $1/sh.


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