InvestorsHub Logo
Followers 100
Posts 15390
Boards Moderated 3
Alias Born 08/14/2005

Re: None

Wednesday, 08/17/2005 5:03:43 PM

Wednesday, August 17, 2005 5:03:43 PM

Post# of 79025
didn't have a chance to post this morning but i sold the rest of my 40 aug puts for 1.10 - i am still bearish and think sept is going to be rough month for qs and i am tempted to jump into sept puts..

i always feel option expiration tends to slightly warp the market.. especially a liquid options such as qqqq .. the market makers want this baby to end on an round number for example 39.00 so that there will be more out of money options. (puts and calls at 39.00 will be a wash). i always sense the market resets itself after options expirations so i am skiddish about buying next month's option right before this months expirations..

any thoughts??

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.