Hey,
all you number crunchers.
call open interest for june:
115's--> 22,500
120's--> 11,700
125's--> 12,000
130's--> 23,000
put open interest for june:
100's--> 11,000
105's--> 11,000
110's--> 12,000
115's--> 10,000
quick glance at todays
thomson institutional stuff,
says lots of sell interest today,
and 3 sellers trumpet
800,000-1 million share blocks
range,
i would also say,
downtrend,
on daily chart,
but did not close below prior day low,
so this is a +/-.
Can't go wrong if your perspective is long term,
short term i don't think we will rocket before,
options expiration,
due to call open interest,
but also good put support,
providing gravity boots...
weekly chart needs a strong close above 122-123,
imo,
to signal a weekly reversal.....
pardon my rambling,
and off topic post,
please forgive me.... |
