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ogm

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Alias Born 08/09/2004

ogm

Re: Burk post# 378650

Friday, 04/08/2005 4:34:27 PM

Friday, April 08, 2005 4:34:27 PM

Post# of 704041
Options weeks are certainly tricky. But Everyone was buying calls for the bottom this week. EPC yesterday was .56 for example. .9 is far from panic. Don't forget that there are levels above 1 for EPC, actually :)
Besides with so many puts now deep in the money, don't overlook the possibility of delta hedging, that may drive the market down strongly.

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