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Re: FinancialAdvisor post# 7735

Wednesday, 05/11/2005 3:51:18 PM

Wednesday, May 11, 2005 3:51:18 PM

Post# of 25966
***QQQQ options (that expire next Friday May 20th...), I couldn't post here for a while, and with a day like today as far as the crazy action goes and with the Q's near the high of the day, I noticed that the $36 put was at .35, now another interesting thing I also noticed was that the call interest in both the $36 and even the $37 calls (which have the most open interest) both suceed the $36 puts... in other words, the market sentiment seems pretty clear... the $37 calls seem like nothing but a bull trap... and the market makers of the options would benefit more with a May 20th close under 36 then over it...


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