Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (95467)	4/17/2001 6:56:28 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 436258

Mike, Remember what I said last night? Hank

To: mishedlo who wrote (95467)	4/17/2001 8:07:14 PM
From: XBrit	Read Replies (1) \| Respond to of 436258

I don't usually pay much attention to options expiration effects. However, I notice that there are a boatload of April DJX puts open, roughly 250,000 contracts. If traded, that would be 25 million DIA. Looks like max pain would be served by a close on Friday (Edit: or Thursday?) in the 10300-10400 range. We have seen sharp, and obviously orchestrated, late-day ramps in the Dow 3 days in a row now, and I'm beginning to think this really is an option-expiration game. Anybody else got an opinion?