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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (65576)2/6/2003 10:24:21 PM
From: the-phoenix  Read Replies (2) | Respond to of 209892
 
I think so too. The put buyers are probably just going to flip these as soon as they think the market has bottomed, or sooner. They've needed to lock up a lot of cash in these this week to make a market for whoever was selling them, plus the cash needed to hedge them (even at QQQ 55, I doubt the pros would carry these naked.) The only thing in my favor is that the OI is so high, I might slip under the radar.


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