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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.07-0.2%4:00 PM EST
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To: HairBall who wrote (16717)6/10/1999 2:56:00 PM
From: Daniel Joo  Read Replies (1) of 99985
 
Sold my DELL puts mid-day... Open Interest in both the JUN35 puts and calls are high - I expect that we will be around 35 when options expire this month. Closed most of the rest of my short positions as well. I know Sew said we'd have more days down but I'll take my profits - I'm usually out early anyway. Looks like Internets have found a short-term bottom... doesn't look like AOL will break below $105.

Dan
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