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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Stcgg who wrote (2160)5/18/2000 5:51:00 PM
From: IngotWeTrust  Read Replies (1) of 3076
 
I have a number in mind, yes, Stcgg. I don't use Ben's MaxPain calcs, and I respect him mightily. Have made plenty of money on playing his XAU research work in the past two years.

I've already gone on SI public record pointing out that ELON has a recent history of being lower on the Monday after Friday expiry than the close on the Friday OF option expiry.

That makes the probability high for it to be repeated this coming Monday, and throughout next week. FWISA

It also makes for some interesting ST option strategies for next week, yes? I find most inexperienced option players (read that naked buys of either puts or calls) sweat out the option expiry instead of being good chess players and thinking/researching/observing the Monday after probabilities!

Have a good one.
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