SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sailor who wrote (5884)11/17/1997 11:18:00 AM
From: Spots  Read Replies (3) of 14162
 
VVUS parity down to 27.5 this morning. However, below this,
there is a 3000+ contract bias against parity moving down
further. That is, call OI at or below 27.5 minus put OI
above 27.5 would have to increase by more than 3000 contracts
to move the parity point below 27.5. I doubt if that
will happen. There's only a 300 or so bias against moving
back up to 30, but I'm not holding my breath for that either.

So I'm now pegging VVUS at 27.5 Friday. This is, of course,
the parity bias--who knows what other influences may appear
during the week. As always, buyer beware. Still, it was
dead-on last month.

Spots
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext