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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (25918)1/17/2003 4:15:11 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 36161
 
A perfect close on NEM and XAU options for Max pain.

quote.cboe.com

quote.cboe.com

Given the options on NEM any correction may not be as severe as many are calling for. March 27.5 puts are very heavy. A minor factor compared to Iraq, Dollar, markets etc, but it's still fun to watch. Or the reverse may hold true where gold corrects but the shares stay relatively strong.

Very frustrating close, but not paring back till I see how we react next week.