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


To: Justa Werkenstiff who wrote (25113)1/20/2003 9:43:19 PM
From: ajtj99  Respond to of 30712
 
Wow, there are a ton of puts at the QQQ 24-27 strikes in Feb. There have been a lot of positions opened in the past couple of weeks there. It was a virtual options wasteland in Feb. a couple weeks ago.



To: Justa Werkenstiff who wrote (25113)1/20/2003 10:19:25 PM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
Yeah those puts bother me.
Also Look at March.
185,000 Mar 25.
If we fall sharply, I think we might have a big rally in March.
That is the 2 year pattern.
Decline in February Rally in March. Short and go away in April.

M



To: Justa Werkenstiff who wrote (25113)1/21/2003 9:37:55 AM
From: Lone Ranger  Read Replies (2) | Respond to of 30712
 
Justa,
If I remember right, max pain didn't mean jack last month to the cubes.



To: Justa Werkenstiff who wrote (25113)1/21/2003 10:49:11 AM
From: 16yearcycle  Read Replies (3) | Respond to of 30712
 
Justa,

You guys need no help but I just want to point out that the end of Feb expiry week is 5 full trading weeks away. This allows enough time for anything to happen. We could literally plunge to the low 1200's or worse before the bombs drop, and then bounce back up to around here or fill Fridays gap on good war news. This isn't a prediction, I am just saying there is an unusually long stretch from here to there.