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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Brian Hornby who wrote (1184)	11/18/1999 11:21:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

I have it down, possibly to the low 1400's Problem is, depending on where the O.I. s there may be Buy Programs late to help enable large positions to roll their Options or at least Cash out....if they have not done so already. I haven't been watching the O.I. so I don't know the status. Here's an interesting tale from an excellent source. One of the biggest Market Makers in Qualcomm Options is down $12,000,000 year to date. That should tell you something about being Short Premium overnight these days. I haven't been able to use PnF recently....the program that has it in the software lost all prior data during a computer crash. It's the one program that stores the data here and not on the Internet. It was a foul-up, we thought it was properly backed up but such was not the case.