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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (62288)12/27/2002 8:10:56 PM
From: ajtj99  Read Replies (2) of 209892
 
One thing's for sure, AMGN will not close above $50 at January expiration:

finance.yahoo.com

Other than that, the puts and calls are even all the way down to 42.50 strike in January.

I think it hangs up near $50 until around expiration due to the 17,000 puts at strike 50, then it has permission to dump.
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