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Strategies & Market Trends : P&S and STO Death Blow's

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To: Justa Werkenstiff who wrote (10840)10/15/2002 11:44:16 AM
From: Killswitch  Read Replies (1) of 30712
 
"Bryan McCormick
QQQ Options
10/15/02 10:58 AM EDT

A very small number of puts being taken here. For November near and deep in the money are trading in the hundreds. Calls at or out of the money in the tens of thousands. Ratios are very, very low. An extreme in optimism? Seems that way.

Ratios for deep in the money, at the money and out of the money are in the .62 to .02 levels. Sure, it's early for these. Octobers showing similar readings.

This is current volume, not OI. Although the OI in November is also skewed to low end of ranges.

Long QQQ puts"
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