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Hi everyone,
This is Margaret peeking in to IPIC from the dungeon where she dug herself to escape billing from some most prestigious companies. In other words, I'm down but not completely out. IPIC options are wild today. Take a look at Sept 15's, 20's, 25's both calls and puts. BIG volume. Now there is a positive correlation between call and put volume in these September options and if you'd like to check the numbers yourself see:
cboe.com
1. Go to market quotes and then put in IPIC in second blank space.
The whole series should come up so you can view volume numbers.
2. Also, if you would like to check some simple maneuvers out, go to cboe home page and do the little study guide.
As for me, I really need simple---as in hit me over the head simple---
Unfortunately, this hard head still has yet to be sensible or else why, after my losses, would I be back here.
BTW, BJS has been rocketing since Merrill Lynch rec. a couple of weeks ago but I think there may be something or someone else who is propelling ot upwards.
For all my fellow threaders and travelers, take heart, after all, there is a big daddy Gates out there. An apple for all you IPIC'ers who are still here and will continue to respond after my long absense.
Peace,
Margaret
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