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Strategies & Market Trends : The Options Box
QQQ 609.74-0.3%Nov 7 4:00 PM EST
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To: bonnuss_in_austin who wrote (9995)3/12/2001 1:04:24 PM
From: Poet  Read Replies (2) of 10876
 
Hi Bonnie,

I think your thinking on the likelihood of a bounce in the Naz is sound. Aprils will give one more time. Hahn sees $42 as support in the QQQ's. It's mighty close today. If we get another wave of selling after lunch, I'll be looking at the April in the money calls. They cost more but the delta is higher and they will be more "sensitive" to a rise in the Q's.
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