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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (24830)7/3/2000 2:33:05 PM
From: Gersh Avery  Read Replies (1) of 42787
 
I noted to LG over on the MDD thread ..

There seems to have been a paired move after the bell on Friday. This move seems to have been:

Long stocks and short OEX calls

The short of the calls drove the price of the 790 July call down ~2. After the open today it did a slingshot move up.

I also mentioned to LG that to make low ball bids for OEX calls on the last day of each month just might be a good scalp move ..

It looks like that kind of play continues to be implemented today .. which would make calls a good bargin right now ..
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