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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: ynot who wrote (59196)9/14/1999 9:46:00 AM
From: R.E.B.  Read Replies (1) of 90042
 
I think the options will be brisk. If the trading of options exceeds normal levels a report will come out in the mid-day alerting traders to the abnormal options activity. The report comes out on optionsource.com. If mid-day reports are bullish, then some block-heads (block traders) will step in this afternoon.

Until CS is on everyone's radar screens, the institutional buying will be sporatic as news, developments or leaks come about. I think we will have heavy options trading today, especially the OCT $17 1/2 and OCT $20s. I think something fishy is going on if we continue to see heavy options trading in the SEPT $20s. In my opinion for what it's worth.
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