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To: Henry J Costanzo who wrote (86124)11/19/2003 3:37:25 PM
From: jjstingray  Respond to of 209892
 
Calls are like 5:1 on JDSU for Dec. I am not sure what it means. It has not meant much during the past few months.



To: Henry J Costanzo who wrote (86124)11/19/2003 3:43:02 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
The premise behind option resistance is that 90% of all options expire worthless..that's just a fact. In this case it is totally irrelevant however as those calls are at a price 51% higher than where we are. Those calls will likely die.


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