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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject3/4/2003 6:04:02 PM
From: The Freep  Read Replies (2) of 209892
 
I was gonna say "who else here bought the Dreyer March 70 puts (QDFON) today" to get a laugh, so I pulled up the DRYR option chain to get the symbol. At CBOE, anyway, it says there was volume of 2516 on the March 70 puts today. That's not real exciting... until you note that open interest on that strike was 1400 before today. Biggest position is the 70 calls at 4800. That's a rather large amount of options today on such a thinly traded issue, isn't it?

I post this on behalf of conspiracy buffs everywhere. Freepbriefing.com had long predicted the FTC would smite Dreyers, as we need more competition in the high-fat ice cream world.

the freep
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