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


To: Zeev Hed who wrote (42223)3/20/2002 1:33:01 PM
From: TREND1  Read Replies (4) | Respond to of 99280
 
Zeev
Here is why we do not buy puts on The Q:
(a) The Q is down -6%( a gain for those you went short)
(b)EMLX is up 1%
(c)EMLX Apr 27.5 put is down -39%(a loss of 39% for put buyers)

N SYM 3/14 3/20 %G Business
1 BRCD 27.02 23.30 -14 network storage
2 BRCM 39.24 35.86 -9 Home Network
3 EMLX 29.25 29.60 1 network storage
4 GNSS 29.56 26.98 -9 Chips
5 QLGC 48.14 46.09 -4 network storage
6 Nasdaq 1854 1855 0 Nasdaq
7 QQQ 36.86 36.81 0 Nasdaq 100
9 JNPR 11.50 11.75 2 Like Cisco
10 UMQPY.X 3.20 1.95 -39 EMLX april27.5 PUT