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To: Knighty Tin who wrote (258212)8/30/2003 11:00:30 AM
From: RealMuLan  Respond to of 436258
 
Thanks, Mike, I will read that article.



To: Knighty Tin who wrote (258212)8/30/2003 2:48:19 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<If the economy is smoking, it had better not look at the lung xrays.>>

LOL!



To: Knighty Tin who wrote (258212)8/30/2003 4:03:00 PM
From: ild  Read Replies (2) | Respond to of 436258
 
KT, yesterday there were two block trades in QQQ options:

90,000 Dec. $25 puts and 96,000 Jan. $30 puts
What do you think this trade is?

IMO it's a Bull Put Spread. Somebody sold Jan $30 for $1.05 and bought Dec $25 for $.20 as a hedge.