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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Henry J Costanzo who wrote (124222)9/19/2005 11:42:49 AM
From: The Freep  Read Replies (1) | Respond to of 209892
 
<<ignored>> I resemble that remark!

But it's not ignored, MC. Just not present.

Open interest in AMGN 85 Oct calls is almost 21K. There are less than 3K puts. It's not a great ratio if you think they have any influence. Expiry is also 5 weeks away, so they're of little consequence yet... much as the QQQQ puts are of little consequence yet.

In a wave 3, puts and calls are as meaningless as <insert something funny here>.

the freep, in a rush