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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (64637)10/7/1999 2:20:00 PM
From: ok1day  Read Replies (1) | Respond to of 90042
 
tim...pios...what is making you so bullish about it.



To: Tim Luke who wrote (64637)10/7/1999 2:21:00 PM
From: Ed K  Read Replies (1) | Respond to of 90042
 
Tim:

There's a sizable open interest on CS on 17.5 and 20's for Oct. How many of these are written naked? Not sure CS will move above 20 until after Oct 15. Not market manipulation at all; just these option sellers are heavily motivated to cover their a** before things get tooo expensive.

Ed K