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 : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kevin Walsh who wrote (35140)2/18/1998 8:55:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
Put/Call

One possibility, a bearish scenario, is that a considerable amount of index calls have already been exercised. A scenario I tend to discount because of the time that you posted that. The CBOE would not have data on yesterday's exercise until around 8 AM Est. So, the exercises would have to have been last week.

On the other hand, the "straight up" run recently probably left a lot of put buyers holding the bag. Perhaps that's why the high ratio.

I think that this run, no matter how the rest of this week plays out, will see a consolidation at the very least on Monday once everything is either exercised or "rolled out".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext