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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (12841)	5/29/2000 11:22:00 AM
From: Casaubon	Respond to of 14162

what method do you use to determine "unusual" volume? Some people have mentioned services such as McMillian. Do you subscribe to such a service? How much could one expect to pay for that service? I have been doing it manually. This is very tedious and does not offer many opportunities because, I can only follow a limited number of companies with such high level scrutinity. Events which effect the value of a compact in a material manner do not happen frequently, so there are few opportunities to take advantage of such anomolous observations, given the limited number of closely inspected derivative products I follow.

To: James F. Hopkins who wrote (12841)	5/29/2000 5:37:00 PM
From: James F. Hopkins	Read Replies (3) \| Respond to of 14162

As a freebee use quote.com that's set for the dollar index, click on the top ten and look it over..you may not get much of anything on options when market is closed. another is bloomberg.com Jim

To: James F. Hopkins who wrote (12841)	5/30/2000 11:23:00 PM
From: Casaubon	Respond to of 14162

For an example of what I've mentioned, with regard to "insider" activity being evident through the options market, take a look at the IFMX action today. The volume for the July 7 1/2 was 1065 (the OI is only 427) and the jan 15 volume is 720 contracts. To me, it looks like a large short position, via (possibly naked) calls sold foward, was closed out today. I consider this a bullish event, for which we will find out some positive news around the July timeframe.