FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***xe, good luck with all that, regarding the markets, there's a huge open interest in puts vs. calls for October...

See what I mean in the open interest of Fri. Oct 21 puts vs. calls at the various levels...

$40 - 161,721 vs. 96,182
$39 - 215,769 vs. 75,951
$38 - 204,220 vs. 29,022

Total of the 3: 581,710 vs. 201,155

Meanwhile, the Q's are at $39.16... I'm wondering what any future break of $39 plays into all of this...

Either way, looks like the bears are in position here...