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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: IA who wrote (28214)9/14/2000 4:00:13 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68025
 
Anticipated closing prices on Friday that will take out the
most call and puts. Stocks with multiple price targets
indicate there is an even distibtion of open interest at
multiple strikes that would take out a lot of options.

Close 09/13/2000 Option Target
AMCC 179 7/8 170/175/190
ADCT 35 1/16 35/40
AVNX 148 1/16 150
BRCM 218 1/2 230/250
CIEN 193 7/8 200/210
CSCO 61 5/16 60/65
GALT 25 11/16 25
GLW 285 260/270
JDSU 104 13/16 110/130
JNPR 198 5/8 190-230
LU 37 7/16 40/45
MOT 33 5/16 35
MSFT 68 1/4 70
PMCS 206 220
QCOM 64 60/65
RMBS 84 5/16 80
SCMR 112 11/16 110
TLAB 53 1/4 55
TXCC 43 3/4 45
CNXT 37 1/16 40
CMTN 43 15/16 50/55
FNSR 42 3/4 40

Note: The current tech wreck has left inbalances between
open interest at strike prices and the current closing
prices.