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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (5544)2/14/1998 9:36:00 PM
From: lml  Respond to of 19079
 
Charles,

You're correct. A ratio above 1.6 is generally considered bullish; below 0.85 is considered bearish. When put activity is at its highest, relative to call activity, the market considers the situation overbought, leading to a reduction in the downward pressure upon the u underlying security.

I figure the latest runnup in ORCL has caught a lot of shorts by surprise. There's gonna be strong comments, both bullish & bearish on this stock until the actual numbers come out. Call it fear & greed; call it the market.



To: Charles Tutt who wrote (5544)2/15/1998 2:12:00 PM
From: moose  Read Replies (1) | Respond to of 19079
 
Charles Tutt,

MM's don't like to loose money. They would rather have the options exp worthless then having to pay out deep in the money. Don't worry about me, I'll make money on this dog. It should of never of been at 40 and shouldn't be at 26 now.

Becareful, Larry seems alot like Mory to me! ABSA!


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