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Re: FinancialAdvisor post# 8006

Wednesday, 05/18/2005 1:08:24 PM

Wednesday, May 18, 2005 1:08:24 PM

Post# of 25966
***QQQQ options - Market pump only a mirage? Meanwhile those "bad boys" who rule Wall Street continue to sell $37 calls on the Q's today, with options expiration just two days away, does the market really believe the Q's will close above 37 on Friday?... Not a chance unless 'they' want the 'little guy' to win.

Option interest in the $37 calls is beats out all the open interest in any other call or put and is three times higher then the $37 put... YES... 3 TIMES HIGHER OPEN interest... wow. I'm not sure I've seen such a thing, meanwhile the $37 puts QQQQK sell at .10 X .15 currently...

Should be interesting to watch how the options salesman do the next few... who will win? who will lose?




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