Ask DrBob Message Board - Msg: 19878285

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	3/4/2004 1:49:43 PM
From: shoreco	Read Replies (1) of 100058

Good internals, no volume, yadayadayada... I think this action has to do with the huge open option interest for March... There are tons of calls above, tons of puts below... In the end we go nowhere and as long as we chopchopchop during they day, they're chopchopchoping premium out of those options... Each day we end unchanged, both calls and puts will be losers... Whip us up, eat the puts, slam us down, eat the calls... Time to sell a naked spread??? EOM Shoreco

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