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Strategies & Market Trends : Ask DrBob

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To: FLACK who wrote (2229)8/29/2000 12:31:11 PM
From: Louis V. Lambrecht   of 100058
 
Flack - work?!? What is that good for ?

There is some unwinding activity on opions near the end of te month as traders close their front-month positions and roll over into back months. For theta's sake.
This would relieve some resistances (and suppress some support) on the underlaying shares.
Volumes involved are a fraction of an average daily volume, but if one beliefs in MaxPain or peak open/interest, this could be an explanation. But you must be a believer.

FWIW, just my 2 cents, must feed the cats, go fishing, have a lunch... I'm bored. Would need a push. will take a nap, TTYL
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