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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who started this subject10/13/2003 11:41:14 AM
From: Real Man  Read Replies (1) of 94695
 
QQQ October call OI in the money: 635444 contracts
QQQ October put OI in the money: 17857 contracts
NDX October call OI in the money: 7569
NDX October put OI in the money: 3200
VIX: 17.52
VXN: 26.79
TRINQ morning low: 0.30
TRIN Morning low: 0.35
3 gaps, not filled

Unless things reverse right now, expect sharp dumping after expiration.
19744 ND futures contracts, or 2.8 billion $ dumping. This is pretty lopsided, and that many contracts long must be the hedge now, or else...
-g-

Of course, unless they dump them into expiry, which will happen, I believe.
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