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


To: Justa Werkenstiff who wrote (54216)4/22/2002 11:10:51 AM
From: augieboo  Read Replies (3) | Respond to of 99280
 
Justa, looks like a good play. I'm thinking about going long at just above 33 if 1757 holds. With the recent jump in May 35 calls I figure the worst I could do is have to wait a bit for the bounce. On the other hand, I'd hate to go long at 33 and see it print 31 later this week.

What do you think?



To: Justa Werkenstiff who wrote (54216)4/22/2002 11:21:02 AM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
NDX down, VXN down. That's not good (for longs), is it?

It did this on Friday but I don't take much notice of options sentiment on expiration day but two days in a row?

Not sure if there is some skew with it being first day after expiration, so not putting much weight on it. But will try to pick up some VXN clues as the day progresses.