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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (80268)6/17/2002 10:53:37 PM
From: Zeev Hed  Read Replies (4) of 99280
 
Entering into last week, the QQQ max pain was close to $32 or higher, it has come down, but much more than I thought it would ( we did have that discussion as to Max pain on QQQ coming down some two three weeks ago, did we not?), now we are barely 1 to 1.5 from max pain, so the normal exercise may go on. Still INTC is quite far. I would not be surprised if the "naked" are both in MSFT and INTC thus "compensating" for their own naked puts on INTC with nicely winning naked puts on MSFT.

Zeev
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