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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Jdaasoc who wrote (4813)11/12/2001 11:33:01 AM
From: ajtj99  Read Replies (4) of 99280
 
Jdaasoc, I sold my QQQ Nov. 37 puts on the drop this AM at a bargain price of $1.05 (I missed the initial drop), but I had positions as low as $0.60, so I made some money. I've re-positioned with QQQ Dec. 37 puts at 2.45 (I overpaid, but the internet connection was bad & I missed out on the spike).

I think we will stay below NDX 1500 for the time being. It will be tough to get above that level again, IMO. Options expiration this week could take the NDX down to 1400, as that is near support and Max Pain.
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