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.

Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (935)	2/17/2002 6:56:13 PM
From: AllansAlias	Read Replies (1) \| Respond to of 4058

Upon closer inspection, it would seem that the Mar puts on MO are in fact selling at a premium while the calls are more than reasonable. Makes me think they'll push it thru that double top, at least to shake some people out. Anyway, I'll pass for now.

To: AllansAlias who wrote (935)	2/18/2002 2:21:34 AM
From: sean sanders	Respond to of 4058

Allan, I assume you are thinking that MO will turn around at the ~52 level? True maybe MO will climb to 52 putter out then head back down. That white candle is fairly strong so there is no indication yet that it will turn around but then again it hasnt hit that 52 resistance yet from the previous top ie on 5/4/01. You mentioned you were only going to ride it to 50? If it turns around it should probably hit that target at least only a couple point drop from 52. I just saw your other message - was going to say you can always wait and see what the stock is doing on tuesday or wednesday.