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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (16486)	11/21/2002 11:16:41 PM
From: h8_2_b_l8	Respond to of 30712

I would love to see .25 on the March 19's, but picking up .25 options this far out is usually pretty tough. I didn't check today, but yesterday when the March 19's were .30 x .35 Bloomberg had the theoretical price as .28, not too bad. If we get one last push up tomorrow/Monday I'll be buying the March 20's. War has been a funny issue. Every WS chump they get on TV thinks it will either be the undoing of our market or it will ramp us to super-bubble land. With the way the Philly Fed was talking today along with the way our politicians are running our country we better hope we can be self sufficient or else we're in a heap of trouble.

To: LTK007 who wrote (16486)	11/21/2002 11:18:48 PM
From: t2	Respond to of 30712

I am studying those March QQQputs closely, they are getting cheaper every day. Good idea. I was thinking about those a while ago. I am also going to be watching them closely. With the reduced VIX/VXN, we should theoretically get good options prices. Bailed out of a bunch of longs today and might unload most of the remaining ones if we get any sort of positive push tomorrow...and will consider starting buys of the March QQQ puts. Plenty of time for the market to tank with the March options.