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Strategies & Market Trends : Options

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To: Paul Merriwether who wrote (3162)2/18/2000 2:41:00 PM
From: Paul Merriwether  Read Replies (1) of 8096
 
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Just wondering, what the impact of GSTBN & GSTBO(Feb 70/75) will be on the expiration. Conventional wisdom would suggest that GMST would go down significantly tomorrow. The open interest on these two strikes is just phenomenal(by gmst standards)!!!
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GAWD!!! I hate it when I am right! GMST taking a licking today(-6 right now!). My next prediction is that GMST will be back up end of today/or at worst monday. Debating selling some march puts vs. the fact that I am loaded to the gills with these Gorillas as it is...
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