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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (5360)3/7/2003 2:22:56 PM
From: Hayduke  Read Replies (1) | Respond to of 11447
 
Justa, FWIW Don Sew this a.m. had $25.50 for OEX. That would put NDX near resistance at 1020.



To: Justa Werkenstiff who wrote (5360)3/7/2003 6:12:36 PM
From: mishedlo  Read Replies (1) | Respond to of 11447
 
Justa it appears that 30K came out of the PUT side and 25K or so was added to the Call side.
Nonetheless that does not change pain.
I am increasingly doubtful of a move above 25 and if it does, I will add more puts.

If peace breaks out this could be very dangerous.
Worse case for the bears is if peace breaks out overnight in the middle of expiry week.

The way everyting is "acting" it is as if max pain is really 24.5

M


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