Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (23235)	8/31/1999 2:38:00 AM
From: Johnny Canuck	Read Replies (1) of 68364

JDS Uniphase (JDSU; option roots UQD and UNQ - 108-3/16) - Going Through A Phase JDSU designs, develops, manufactures, and distributes a wide range of products utilized by the fiber-optic communications market. Since coming off last October's low, the shares had appreciated by over 670 percent to an all-time high last week and have not had a single close below their nicely uptrending 10-week moving average. Despite this impressive uptrend, options investors have been slow to jump on board, and those that have continue to maintain a bearish bias. Current total open interest stands at 9,972 put positions compared to just 5,986 call positions. Last Friday, 1,583 contracts opened up on the September 105 put (the approximate site of the 10-day moving average). Today, another 550 contracts have traded on the same option. The shares are down over two points in midday trading. For DOW theorist, bearish indications: optionsource.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next