SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (6177)2/18/1998 1:26:00 AM
From: Chris  Respond to of 42787
 
Subject: Tech Stock Options

| Previous | Next | Respond |

You have 1 unread message

To: Patrick Slevin (35127 )
From: donald sew
Tuesday, Feb 17 1998 10:40PM EST
Reply # of 35139

INDEX UPDATE
----------------------------------

Subjectively the market looked tired today.

Except for the DDX, which was up slightly, all of the other HiTech indexes were down
(COMP NDX MSH XCI IIX YTK CWX etc). If one considers the high for the day,
the COMP was down 20 points off of its highs and if one uses a 5:1 ratio, thats 100
DOW points, and the NDX was down 25 points off its highs.

Another thing is that the RUT and the EGI, broader based indexes were also down.
And keep in mind that the DOW was about 50 points off its lows.

Is that all for the pullback? I feel that it should go down just a bit more this week,
maybe 100-150 DOW points off todays close, but it just may be on a intraday basis -
this market is so strong. The probability is that further pulling back should happen this
week latest next Tuesday.

As for existing PUTS, Im just doing damage control, but now my focus is to pick that
window of opportunity to get back in on the long side. There is a chance this window
of opportunity may appear in the form of one large down day, say the 100-150 point
drop, and then thats it, back to the upside.

As for the news over the next 2-3 weeks, I am not sure that an airstrike on IRAQ will
have that much negative effect. I suspect that a airstike will push the price of CRUDE
up, at least for the short term, which should help the OILS. There are 3 OILS in the
DOW which is 10% of the DOW, so that could help the DOW. Another subjective
thought is that in light of an attack on IRAQ for some time now, there has not been that
much negative effect on the market. Would the market interpret a stike on IRAQ as a
quick resolution to a problem - and one less thing to worry about. Im not sure, just a
thought.

Seeya

| Previous | Next | Respond | View 2 replies to this message

View SubjectMarks
Bookmark this Subject

Return to Puts, Calls, and other Options

One or more words separated by spaces:

Subject Titles Only
Full-Text
Messages with Links

Send questions and feedback to webmistress@techstocks.com

Terms of Use



To: Chris who wrote (6177)2/18/1998 1:36:00 AM
From: Chris  Respond to of 42787
 
Subject: NASDAQ Gems - beaten down fundamentally sound stocks

| Previous | Next | Respond |

You have 1 unread message

To: John J H Kim (5379 )
From: LastShadow
Tuesday, Feb 17 1998 9:58PM EST
Reply # of 5386

Watch List 2/18 and REI:

SYMBOL CLOSE CHANGE CHANGE %

BORL 9.687 0.375 4.03%
DIMD 11.500 0.125 1.10%
PD 62.250 0.00 0.00%
PSIX 8.500 0.375 4.62%
QCOM 46.750 0.187 0.40%
RMPO 7.875 0.00 0.00%
TCOMA 29.125 0.125 0.43%
TEAM 10.562 0.062 0.60%
UCMP 7.625 1.375 22.00%

FRTE, PNF and RMPO are technically thresholding for a
positive jump. With today's market being down for
several critical sectors and relative unknowns making
'Most Up' lists, I am looking for an up day tomorrow.
However, with the 175 point DJ Utility surge, it may
not...

Although the market closed up, from my seat it looked
like another horizontal correction. Long/bullish stocks are
running very well, and those of you who have the Range
Expansion Indicator (REI) Excel spreadsheet might want to
rvisit it as it works exceptionally well in trending markets.

Still long/bullish:

AAPL 19.625 0.125 0.64%
AKLM 4.687 -0.031 (0.66%)
AMAT 36.375 -1.125 (3.00%)
AMMB 31.437 -0.312 (0.98%)
FRTE 6.375 0.187 3.03%
GM 64.875 1.437 2.27%
IIT 15.250 1.250 8.93%
KMET 20.125 -0.250 (1.23%)
NT 47.437 0.312 0.66%
PCNI 4.937 0.062 1.28%
PNF 4.812 -0.062 (1.28%)
PWAV 18.062 -0.500 (2.69%)
RAYS 7.500 -0.250 (3.23%)
SFA 17.812 0.312 1.79%

Exited:

CAVR, BGEN, TXB

lastshadow

| Previous | Next | Respond | View 3 replies to this message

View SubjectMarks
Bookmark this Subject

Return to Short-Term Traders

One or more words separated by spaces:

Subject Titles Only
Full-Text
Messages with Links

Send questions and feedback to webmistress@techstocks.com

Terms of Use



To: Chris who wrote (6177)2/18/1998 1:38:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
Subject: Tech Stock Options

| Previous | ------ | Respond |

You have 1 unread message

To: Patrick Slevin (35139 )
From: Kevin Walsh
Wednesday, Feb 18 1998 1:35AM EST
Reply # of 35140

Hi Patrick, Speaking of statistics and being options expirations week, I'm getting a
'feeling' that a big up day is coming - Thur? FWIW, a WAG <vbg>

Now for some statistics from CBOE: (sorry about the format, it didn't copy and paste
very well)

Overall put/call ratio = 0.68 (bullish)
equity put/call ratio = 0.39 (slightly bearish)
index put/call ratio = 1.60 (yikes)

I don't remember seeing this big of a discrepancy between equity and index ratios
before. Here's some details.

VIX OPENING VALUE: 21.10
VIX HIGH VALUE : 21.80
VIX LOW VALUE : 20.60
VIX CLOSING VALUE: 21.20

Equity Option

TOTAL EQUITY CALL VOLUME: 357,045
TOTAL EQUITY PUT VOLUME: 138,055
TOTAL VOLUME: 495,545

Index Option

TOTAL INDEX CALL VOLUME: 115,021
TOTAL INDEX PUT VOLUME: 184,127
TOTAL VOLUME: 299,148

Sum of All Products

TOTAL CALL VOLUME: 472136 TOTAL CALL OPEN INTEREST:10706594
TOTAL PUT VOLUME: 322749 TOTAL PUT OPEN INTEREST: 7279416
TOTAL VOLUME: 794885 TOTAL OPEN INTEREST:17986010

Equity LEAPS Summary

TOTAL CALL VOLUME: 24104 TOTAL CALL OPEN INTEREST: 1704787
TOTAL PUT VOLUME: 6872 TOTAL PUT OPEN INTEREST: 1064402
TOTAL VOLUME: 30976 TOTAL OPEN INTEREST: 2769189

S&P 100 Index - (included OEX ,OEW, & OEZ)

OEX CALL VOLUME: 68651 OEX CALL OPEN INTEREST: 242131
OEX PUT VOLUME: 98656 OEX PUT OPEN INTEREST: 343004
OEX TOTAL VOLUME: 167307 OEX TOTAL OPEN INTEREST: 585135
OEX LEVELS HIGH: 492.54 LOW: 488.52 CLOSE: 489.64 +.88

S&P 100 Index LEAPS - (includes OAX , OBX & OLX)

OEX LEAPS CALL VOLUME: 11 OEX LEAPS CALL OPEN INTEREST: 17587
OEX LEAPS PUT VOLUME: 585 OEX LEAPS PUT OPEN INTEREST: 94793
OEX LEAPS TOTAL VOLUME: 596 OEX LEAPS TOTAL OPEN INTEREST:
112380
OEX LEAPS LEVELS HIGH: 98.51 LOW: 97.70 CLOSE: 97.93 +.18

S&P 500 Index - (SPX,SPZ,SPB,SXB,SPL,SPQ,SXZ,SPT)

SPX CALL VOLUME: 38747 SPX CALL OPEN INTEREST: 857667
SPX PUT VOLUME: 67887 SPX PUT OPEN INTEREST: 1228466
SPX TOTAL VOLUME: 106634 SPX TOTAL OPEN INTEREST: 2086133
SPX LEVELS HIGH: 1028.02 LOW: 1020.09 CLOSE: 1022.76 +2.67

S&P 500 Index LEAPS- (includes LSW, LSY, & LSX)

SPX LEAPS CALL VOLUME: 195 SPX LEAPS CALL OPEN INTEREST: 61605
SPX LEAPS PUT VOLUME: 6076 SPX LEAPS PUT OPEN INTEREST: 349731
SPX LEAPS TOTAL VOLUME: 6271 SPX LEAPS TOTAL OPEN INTEREST:
411336
SPX LEAPS LEVELS HIGH: 102.80 LOW: 102.01 CLOSE: 102.28 +.27

Dow Jones Industrial Average Index - DJX

DJX CALL VOLUME: 4500 DJX CALL OPEN INTEREST: 159099
DJX PUT VOLUME: 6015 DJX PUT OPEN INTEREST: 250926
DJX TOTAL VOLUME: 10515 DJX TOTAL OPEN INTEREST: 410025
DJX LEVELS HIGH: 84.46 LOW: 83.70 CLOSE: 83.98 +.28

Dow Jones Industrial Ave Index LEAPS - LDJ,VDJ,WDJ

DJX LEAPS CALL VOLUME: 13 DJX LEAPS CALL OPEN INTEREST: 72271
DJX LEAPS PUT VOLUME: 1229 DJX LEAPS PUT OPEN INTEREST: 119991
DJX LEAPS TOTAL VOLUME: 1242 DJX LEAPS TOTAL OPEN INTEREST:
192262
DJX LEAPS LEVELS HIGH: 84.46 LOW: 83.70 CLOSE: 83.98 +.28

Dow Jones Transportation Average Index - DTX

DTX CALL VOLUME: 93 DTX CALL OPEN INTEREST: 1364
DTX PUT VOLUME: 78 DTX PUT OPEN INTEREST: 3035
DTX TOTAL VOLUME: 171 DTX TOTAL OPEN INTEREST: 4399
DTX LEVELS HIGH: 357.77 LOW: 355.58 CLOSE: 356.23 +1.90

Dow Jones Trans Ave Index LEAPS - (LDN,VDN,WDX)

DTX LEAPS CALL VOLUME: 0 DTX LEAPS CALL OPEN INTEREST: 14
DTX LEAPS PUT VOLUME: 0 DTX LEAPS PUT OPEN INTEREST: 292
DTX LEAPS TOTAL VOLUME: 0 DTX LEAPS TOTAL OPEN INTEREST: 306
DTX LEAPS LEVELS HIGH: 36.80 LOW: 35.56 CLOSE: 35.62 +.19

Dow Jones Utilities Average Index - DUX

DUX CALL VOLUME: 1 DUX CALL OPEN INTEREST: 26
DUX PUT VOLUME: 12 DUX PUT OPEN INTEREST: 113
DUX TOTAL VOLUME: 13 DUX TOTAL OPEN INTEREST: 139
DUX LEVELS HIGH: 270.60 LOW: 268.02 CLOSE: 270.60 +2.58

Dow Jones Utilities Ave Index LEAPS - (LDU,VDU,WDU)

DUX LEAPS CALL VOLUME: 0 DUX LEAPS CALL OPEN INTEREST: 0
DUX LEAPS PUT VOLUME: 0 DUX LEAPS PUT OPEN INTEREST: 0
DUX LEAPS TOTAL VOLUME: 0 DUX LEAPS TOTAL OPEN INTEREST: 0
DUX LEAPS LEVELS HIGH: 27.06 LOW: 26.80 CLOSE: 27.06 +.26

Nasdaq 100 Index - (included NDX,NDZ,NDV,NDU,NCZ, & NDY)

NDX CALL VOLUME: 2109 NDX CALL OPEN INTEREST: 24137
NDX PUT VOLUME: 3124 NDX PUT OPEN INTEREST: 27682
NDX TOTAL VOLUME: 5233 NDX TOTAL OPEN INTEREST: 51819
NDX LEVELS HIGH: 1147.70 LOW: 1125.77 CLOSE: 1128.63 -8.06

| Previous | ------ | Respond |

View SubjectMarks
Bookmark this Subject

Return to Puts, Calls, and other Options

One or more words separated by spaces:

Subject Titles Only
Full-Text
Messages with Links

Send questions and feedback to webmistress@techstocks.com

Terms of Use