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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 116.18-1.9%Jun 13 3:59 PM EDT

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To: Magrathea who wrote (218336)12/1/2006 3:42:41 PM
From: MagratheaRead Replies (2) of 275872
 
Huge volume in AMDXD 06 Dec 20.00 Puts.
44327 contracts on an open interest of 15636.
It will be interesting to see the change in Open Interest
tomorrow morning.


Open Interest is now 54096. Up 38460. 90% of the volume yesterday opened interest.

Which might mean 3.8 Million shares shorted yesterday and near future.

Will the slide stop at the strike price? The put writers got their clocks cleaned last month. [or so I thought]

-Magrathea
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