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To: trouthead who wrote (24425)11/15/1999 2:32:00 PM
From: CookiePuss  Read Replies (2) | Respond to of 27307
 
director's explanation for downward pressure this week is rational. the call to put options ratio is completely out of whack and normally it would be selling off. the fed decision will probably keep the inuts trending higher and make this an atypical options expiration week. november-january are the most bullish months for the markets historically so it's probably best to just hold in here and enjoy the ride.



To: trouthead who wrote (24425)11/15/1999 4:01:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 27307
 
I personally think their will not be a rate hike.

But there may not be a Yhoo-split announcement tomorrow during the GSCO Tech conference either.

I just think that it's sorta a low-key/good risk play. I play the Yhoo options during the option week(so low time premium), especially if there is high put/call ratios and low volumes. I play small, for example, I got 3 Yhoo$195 today, pending to buy 4 Yhoo$205 for $2 premium for tomorrow if Yhoo goes to $215/220.

Best wishes, jb. (I still remember the pm re-amzn over a year ago)