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To: Poet who wrote (241)4/19/2001 10:01:14 AM
From: Poet  Read Replies (1) | Respond to of 209892
 
SEBL May puts:

Highest OI on the May 35 strike (SGWQG), though if it gets above 45, I'd rather go for the May 40's (SGWQH).

I edited this post, started to build a position in the 40's.



To: Poet who wrote (241)4/19/2001 10:18:24 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Using this chart again as a reference:
geocities.com

We had another little bounce after this chart was captured, but that bounce never made a new high. So, this scenario continues to be favoured imo.

It's a good fight in a tight range. Which way it resolves will either make me short (for the bulk of the 'c' down, or have me step back and reassess things.