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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (86517)11/25/2003 4:39:33 PM
From: The Freep  Read Replies (1) of 209892
 
Ya know, I'm not bearish here. More neutral/correctiony... but looking around at December option interest, it's the first month in a long time that I can recall thinking that we might have trouble going up. I know it's only a tiny factor, but there's a lot of bullish interest out there.

Check C, for one. Or INTC. Or JNJ (and in Jan). Heck, even the QQQ has more calls than puts from 35 up. It's hard for me to find any big boy that has an option chain that screams up (though MSFT has some room). Again, it's a small piece of the puzzle, but I really noted it while poking around today.

the freep
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