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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (6175)	11/16/2001 1:05:21 PM
From: TREND1	Respond to of 99280

Thank you Larry Dudash

To: Kayaker who wrote (6175)	11/16/2001 1:53:49 PM
From: lh56	Respond to of 99280

lots of happy call owners so far.

To: Kayaker who wrote (6175)	11/16/2001 4:19:49 PM
From: Kayaker	Read Replies (1) \| Respond to of 99280

Update: Here are some numbers calculated today (closing prices) for the November expiration (today) from the "Maximum-Pain Theory (MPT) Options analysis". 'MPT Value' below is the Maximum-Pain Theory Options value calculated from the site, i.e, where the stock price should end up today if the theory is valid. iqauto.com Stock Closing Price MPT Value QCOM 60.1 50 JNPR 25.6 22.5 EMLX 26.6 25 BRCD 29.5 25 BRCM 45.8 35 QLGC 46.7 40 AMAT 39.4 35 and the best one... NTAP 15.9 7.5

To: Kayaker who wrote (6175)	11/16/2001 10:06:56 PM
From: mishedlo	Read Replies (1) \| Respond to of 99280

Kayaker - Max pain works except when it does not. This has been discussed many times. Delta hedging forced us to close way above pain levels. In a strong downtrend the opposite occurs. I took a few shorts today quite comfortable that they would not go against me by much. QCOM AMAT for example. Huge numbers of calls at strike 60 and 40. No way to clear the hurdle. Unfortunately they did not tank either and I closed them out for commissions costs. I do not use IQUATO for this reason. I prefer to look for myself at CBOE. I for one, think today was a fine example of options expiry manipulations. M