ajtj99's Market Pulse

[SteveO]

Just looked at QQQQ options. It is that time of month. Huge volume of calls still out of the money at 43. If they put those in the money, I know there must be a conspiracy afloat. <GGG>
At 42 they kill 320K class by putting 30K puts in the money. Even between 42 and 41 they only put 162k puts in the money while taking out 260K calls. 41 seems to be the floor. If max pain works this month, look for a drop to 41 next week. Otherwise, this should get real interesting.

BTW $64 oil will be the reson cited in the news...<GGG>