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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeff who started this subject7/9/2002 6:03:55 PM
From: ajtj99  Read Replies (2) of 30712
 
Got a 1/2 position of QQQ calls at the close. I've got them on a tight leash. If we drop below 1370 COMP, they may have to go at a loss. We'll see.

In 2002 we've not ever been 2.25 below Max Pain 10-days before options expiration and failed to ramp. I'm counting on the trend to continue. SPX needs to get to 1020-1025 to fulfill its obligations to Mr. Pain also.
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