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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: EepOpp who wrote (38419)	3/15/1999 12:20:00 AM
From: J. P.	Read Replies (1) \| Respond to of 94695

<<has it worked out for you? >> Nah, I don't mess around with expirations. I exclusively "trade" options, but buy them three months out, and generally unwind them 2 months after that, and not during expiration week. This is very unscientific, but I used to think that the market makers and specialists 'pinned' the stock price, but now tend to think it's more the gravitational pull of the options being excercised. One thing I will say, can't wait for more stocks to get the June series, because that's the sweet spot right now, and they aren't available on most stocks...