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


To: BomboochaBoy who wrote (10964)4/16/1999 11:31:00 AM
From: Voltaire  Read Replies (1) | Respond to of 41369
 
Market makers in the pits will try and hold AOL down through expiration. Will not totally work. Should see a slight rise from here at the close, guess is up about 4 1/2. There will be a rotation next week and it will not be out of tech but rather into tech. Gone to play golf. Cheers!

Voltaire



To: BomboochaBoy who wrote (10964)4/16/1999 2:49:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 41369
 
The largest concentration of calls and puts is at 145, so the market makers will manipulate the price to make sure it settles right at 145 today. That way the most options expire worthless- and as everyone knows, the REAL money is made in the options by selling puts and calls.

Max pain does seem to work, most of the time. It should be called "max greed" for the option writer though. :)

(hint to people who like to make money- learn how to WRITE options yourself, the money is practically being given away!)