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To: Paul Shread who wrote (71914)4/23/2003 11:25:01 AM
From: byhiselo  Respond to of 209892
 
thx, yep i bet those puts are going to zero

cheers



To: Paul Shread who wrote (71914)4/23/2003 11:29:45 AM
From: Clappy  Respond to of 209892
 
There were a few big trades at 24 and 26 QQQ, I think, 185,000 puts total. Still, a lot of puts at 26 and below the next two months.

That was me. <vbg>

I at least contributed to the buying of some of those QQQ
puts.

I also think BRCM is due to pullback. That one is well
overbought and appears to be running into some gap
resistance along with a trendline. It's volume has been
tailing off as well.