Hello,
Just thinking of what I said yesterday..a perfect stock following
the IV theory would have been IBM..hit a top, got heavy selling to downside, went down, down volume slows, hits support, calls start becoming more expensive..tip off, more people were buying calls than puts. IV indicated people expecting a price rise.
But look at this kicker, on dell options, the IV is max on both
calls & puts with calls being a bit more$$. How do you play this one? Very expensive! Wait for the split & buy calls or jump on board now?
Want another IV story BTY puts someone is expecting this stock to go down.
For tomorrow, volume slowing on some of the high flyers one would expect a down day but who knows. Lets look at put/call I.V.on some of these. let me know what you find.
Thanks,
Merlo |
