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


To: jjstingray who wrote (36485)3/3/2002 7:16:43 PM
From: mishedlo  Respond to of 99280
 
JJ - I have looked at KLAC and the number of options at 60 is not significant to move it IMHO.
Give me 30K calls and puts at strike 60 and I will change my mind. I did not look at IQUATO on this one but posted on my board that they better have it at 60. lol

Remember we were talking 120K CALLs alone on CSCO right before the big tank. On KLAC last I looked was about 10K.

Not enough interest to matter.
Yet
We could see a small pullback which might cause more option buyers to kick in. Another thing that could kill it is sudden buying of strike 65 CALLS.

I actually have a feeling that KLAC and or AMAT will be quite interesting this expiry.

M