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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (49797)	8/13/2002 4:13:24 PM
From: mishedlo	Respond to of 209892

GE has the required # of options. 44K calls at strike 30. That was enough for me to buy Sept and Dec puts. I just have not tracked GE for reliability. If the DOW turns down, I would guess that GE will lead. IBM is interesting in that they vigorously defended 65 with 22K puts and it shows not much inclination to get to 75 with 30K calls. My guess is that it is exactly sitting on max pain as I type. GE did ok for me today but I made a mistake in buying too far out (on the SEPTs). Should have bought sept ITM's or better yet more DEC's that I would be comfortable holding for a while. M