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Strategies & Market Trends : JoAT's QQQ System
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To: Jack of All Trades who wrote (48)3/23/2004 1:38:32 PM
From: The Freep  Read Replies (1) of 942
 
You said earlier that 150K QQQ 35 puts were closed yesterday. I don't recall open interest being 430K on them, but it stands at 279K now. Are you sure all those trades were closing of positions?

Puts still vastly outnumber calls at this level and lower, but it's 4 weeks til expiry and that's plenty of time to hit a low and bounce some.

the freep
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