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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: mishedlo who wrote (80206)7/14/2001 7:01:17 PM
From: Uncle Frank  Read Replies (1) of 99985
 
>> Some people go short others long. Let's assume 1/2 are correct. Some people buy calls others puts. Half are on the right side half are not.

It might be a little more complicated than that. Consider that if both an itm put and an itm call are purchased and the underlying stock does absolutely nothing, both will finish itm at expiry.

uf
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