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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: VLAD who wrote (8940)6/2/1998 8:10:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Here is a copy of a message sent to me by a fellow Vivus follower who knows a lot about options (I know nothing). To that follower: I hope you don't mind my posting this since I think it is very informative.

VLAD,

No Technical Analysis is 100%, but Open Interest for calls and puts play a major role in "Maximum-Pain" Option analysis.

Further explanations can be found at:

Open Interest - Technical Analysis From A to Z
equis.com

Maximum Pain Analysis
pipeline.com
pipeline.com

Yes I have been following VVUS Open Interest. What I found puzzling is the large number of June 30 and June 40 call options. I was wondering if anyone else noticed that. Without those two large open interest options, these seems to be pressure to close at or near 10 on June expiration date. However any positive major news could push that $10 level toward $30 very quickly.

VVQFA JUN98 5.0 - 281
VVQFU JUN98 7.5 - 214
VVQFB JUN98 10.0 - 5550
VVQFV JUN98 12.5 - 4288
VVQFC JUN98 15.0 - 3015
VVQFW JUN98 17.5 - 1363
VVQFD JUN98 20.0 - 1100
VVQFX JUN98 22.5 - 255
VVQFE JUN98 25.0 - 798
VVQFY JUN98 27.5 - 151
VVQFF JUN98 30.0 - 8908
VFPFZ JUN98 32.5 - 254
VFPFG JUN98 35.0 - 689
VFPFU JUN98 37.5 - 124
VFPFH JUN98 40.0 - 8742