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Technology Stocks : Rockwell-Spins off Conexant (CNXT)
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To: Lucky888 who wrote (713)2/28/2000 6:04:00 PM
From: Ibexx  Read Replies (2) of 2013
 
Yes, many pros believe that and I don't disagree for the most part.

Technically, market makers would want to render worthless the put strikes with the largest open interest, to balance with similar strategies on the calls (Max-pain points).

In a general sense, pessimism is one of the best bullish indicators. It works especially well with index and index options.

Ibexx
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