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To: pbull who wrote (12226)1/27/2004 10:32:40 PM
From: Sig  Respond to of 13815
 
<<Something is about to happen, or so the options market would suggest. >>
Looks that way to me too.
Check the 10,500 calls traded on Lu- LUDZ April 2.5 at $2.05
Thats only a few cents premium over the closing price of
the stock.
Ours to wonder if its a trap
Sig



To: pbull who wrote (12226)1/28/2004 3:39:25 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Re Surprise
I think we just got that one, from Mr G.
It appears the central bankers may have got the "word" to crush this last rally.
Connecting that theory with the big trades in options, I get the picture that those were sales of covered calls to the unsuspecting public. Not looking good for Feb calls at this moment.
Sig


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