The Options Box 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 : The Options Box

QQQ 605.75

-1.7%

Feb 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (9562)	2/11/2001 10:33:51 PM
From: ajtj99	Read Replies (1) of 10876

Mish, I agreed earlier that we need a relief rally, but we also need to have a consensus on when the selling needs to stop. At the least, I believe we'll see short covering at 2:30 or so Monday as well as buying after lunch by those believing AG will say something to rescue the market. I just think there is a fair possibility that we'll drop a little before that happens. As for Max Pain, I believe according to the theory, it really applies 2-days before option expiration, so those Max Pain points may move. If a stock is close, MM's will try to land it. If you are holding EMC, I'd close that put early. It tends to snap back pretty quick when it is oversold. CIEN is also pretty resilient lately. RIMM may be less of a concern possibly. Good luck to all tomorrow.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next