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Re: ajtj99 post# 105260

Wednesday, 05/07/2003 12:07:58 PM

Wednesday, May 07, 2003 12:07:58 PM

Post# of 704041
It is still 27 but the buildup of puts does not look good.
More puts than calls at 27 by a long short and puts = calls at 28.

There are about 450,000 calls ITM and a move to 27 would take 3/4 of those out.

In addition a move to 27 but no lower would do next to nothing for those puts at 27.

Looking at the total picture I would call it 27.
M

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