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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Poet who wrote (92210)4/10/2001 12:54:19 PM
From: mishedlo  Read Replies (2) of 436258
 
Nice going. I am getting crushed in my PUTs. I almost sold them all at the close yesterday. Almost does not count. Fortunately it was not a huge position but I bet it is down 50% on this move.

Now what?
I see they successfully got MMM to max pain at 110 - a tremendous effort
I see IBM staring at 100 (max pain again)
I see they got MUSE to max pain at 40 - a tremendous effort on that POS

Anyone who thinks this has anything to do with anything other than an early options runup rally or other such BS is nuts. Since I was so stupid yesterday, I am almost too afraid to jump in here.

What OEX month and strike on the put side you buying?

M
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