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


To: mishedlo who wrote (30058)2/13/2002 8:17:42 PM
From: t2  Read Replies (1) | Respond to of 99280
 
Mish, I see max pain at 38 for March as well.
Kind of flat with February (37).

Could that be a consequence of the end of the Feb expiration. (lowering from 40 downward to 38)



To: mishedlo who wrote (30058)2/13/2002 10:09:38 PM
From: jjstingray  Read Replies (1) | Respond to of 99280
 
Mish, a contrarian would say that all those puts at various strike prices are bullish. However, how do we resolve that issue with the VIX sitting at 22. Can we mount a serious rally with no fear in the market?



To: mishedlo who wrote (30058)2/13/2002 10:21:44 PM
From: ajtj99  Respond to of 99280
 
Mish, I suspect many of the March puts are there for hedge insurance for funds who wanted to be in the black for Q1, but I'm not real familiar with who's buying what.

I agree. If we drop, there will be an explosive rally out of the hole.