SI
SI
discoversearch

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.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote (45068)10/17/1999 1:03:00 PM
From: Jim Willie CB  Read Replies (1) of 152472
 
look at each call strike price and its open interest

the highest big number represents to me where bighouses will defend fiercely to prevent closing above... speculators are way out on the limb up there

the middle level stike prices is where speculators are taking decent risks also

the lower level strike prices are where smart specs probably got their contracts quite early and are sitting on massive profits

most option call selling with higher strike prices is done by older risk-averse millionaires... with QCOM some of the rules are different, since I doubt we have many old graybeards who shun risk

I prefer VIX which measures the cost of S&P index option put premium... suckers ALWAYS push this premium up at the bottom of the decline... they buy old news and get their heads routinely handed to them... happens over and over

/ Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext