MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Lichterman III who wrote (31768)	10/29/1999 9:24:00 AM
From: Lee Lichterman III	Read Replies (2) of 99985

Just wanted to post that option buyers are NOT trusting this move. I just ran the OEX open interest and the put buyers were fading yesrday's move strongly while it appears that not many calls were being sought after. I have neutral ground all the way up to 695 and there are 30K more puts than calls below that neutral ground thus biasing the market up even more. They may keep it up here plus more for a while longer than I thought or else they are just trying to give themselves plenty of room before the employment numbers and FOMC. Have to run, Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next