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

To: ajtj99 who wrote (48822)	4/8/2002 11:27:16 PM
From: westpacific	Respond to of 99280

Important fact on Options X, if next week is a down week then the following week we have had 12 down weeks since 1991!!

To: ajtj99 who wrote (48822)	4/8/2002 11:46:12 PM
From: mishedlo	Read Replies (2) \| Respond to of 99280

I think they delta hedge, and that may be the reason the market was brought back up above the gap. I don't follow you here at all. If they had already delta hedged thay could just have let the mess sink. Note: they still could be massively short but for expiry reasons unwilling to let it drop right now. At any rate, the move up today suggests more that they are NOT hedged short at this point than they are IMO, but it is a guess either way. When we see the action over the next few days or so we will know (if we drop) or have ambiguity if we do not. My guess is they manage to keep this mess more or less propped up thru expiry wed. I hope they keep the mess propped up longer as I will be on vacation thursday and Friday of expiry week. (sigh) The best case for me is a move above max pain Friday before expiry. I will short that via puts, hoping for a drop thru wed of expiry that continues south. M