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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (65213)	2/3/2003 7:35:10 PM
From: mishedlo	Read Replies (2) of 209892

More than likely it was some sort of bear spread returning $ to the investor. If we can agree that both 45 and and 55 are not going to happen then I believe the person making the play can pocket that money and collect interest on it for free. There was an analysis of this on Ihub. Now as for Put/Call ratio, this play should not even come close to figuring in on the ratio (but it will cause there is no way that trade can be excluded). Thus, today's PC ratio is 100% noise. Subtracting out that play, the number of puts to calls was actually relatively low. M

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