Replies to post #24600 on Options Wonderland

[guitarmusic]

Eyeing GM calls...waiting to see how the financials weigh or let up on the market as a whole

[skinsmoney]

Yes, the market and NDAQ are both down, however, the gapping black candle on Friday indicated a significant probability that NDAQ would be down today, which, unless the market had been significantly to the upside today would have occurred nonetheless, it is because the market is down that the drop in NDAQ is as significant as it is, not because the market is down that NDAQ is down.