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Strategies & Market Trends : Classic TA Workplace

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To: kckip who wrote (128579)1/28/2006 5:14:58 PM
From: Shack  Read Replies (2) of 209892
 
I think half a million puts at QQQQ 41 trumps them all. And FWIW I remember some chatter in january that CSCO couldn't possibly rally due to all the calls that were on the Jan 17.50 strike, we all saw what happened.

Its certainly not a science, this type of O/I analysis. However on the QQQQ, I have never seen a monstrous quantity of open contracts, as we see right now on the 41 puts, finish up ITM.
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