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To: jjstingray who wrote (115977)4/4/2005 12:29:41 AM
From: mishedlo  Read Replies (1) | Respond to of 209892
 
Check out the 200,000+ calls at QQQQ 36
That is one hell of a lot of calls open at a strike BELOW where we are.

Since when have you seen such long speculation at ITM prices.

I think we work off this "oversold" condition by going nowhere.

Mish