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

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To: mishedlo who wrote (24997)1/18/2003 3:12:34 PM
From: exp  Read Replies (2) of 30712
 
mishedlo, could you explain the statement
"delta hedging short kicked in today"?..
do you mean that after qqq went below max pain and many puts came into money the boys
shorted the market and bought more puts?..

by the statement
"the boys are likely short and would welcome a chance to cover lower"
do you mean that now that they are short they would like to see further continuation to the downside
to profit more before we have a sustained bounce.. if so, is extra 1-2 days of downside likely?..

mish, i would greatly appreciate your explanation correcting my statements..TIA
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