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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (44445)	6/2/1998 3:44:00 PM
From: Nemer	Read Replies (2) \| Respond to of 58727

peter: LOL get READY --- ----->i have been noticing that the prems on the options are bouncing a point on the end of the programs... for example sell program hits put trades 20 1/8, 22 1/8, 22 3/8 22 5/8, 22 3/4, 22 5/8, 22 3/8, 22 1/4, 22 (now if you can buy or sell enough contracts, could this be profitable!?) the voodoo queen is gonna quiz you close on what you meant in your last post.... reason I know is experience..... I couldn't tell what you meant but she'll find out for me....ggggg Regards --- Nemer

To: peter n matzke who wrote (44445)	6/2/1998 3:45:00 PM
From: ViperChick Secret Agent 006.9	Respond to of 58727

I dont have streaming quotes RT on options but I was constantly hitting the reload button during that program and watching the spx 1110 put it moved up quite a bit and then back down no way could I have gotten a trade in on this one even if I had been on the phone with the broker UNLESS I had two windows open one to buy one to sell and everything filled out but getting the confirmation back that you got the order is the other problem unless there were more sell programs to come BUT noticed we bounced and came back down so maybe you could buy a put on the bounce if you think it is headed back down... but that gets back to what indicator is going to tell you that is is going back down

To: peter n matzke who wrote (44445)	6/2/1998 3:51:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

looking at it another way let me ask you this where was the SPX BEFORE the Sell program versus after that point on the end may just be because it didnt bounce back up strongly (versus they jacked the premium)... and you have the same problem of second guessing follow through you sell the put to open a position..at what you think is the high...but we get another sell program and it keeps going down... or you are quick enough to buy a put...but by the time you get the confirm it has had more of a bounce than what we saw.... etcetcetc