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skono4

11/16/04 10:29 PM

#323316 RE: jrintl #323314

The QQQ Nov 39 puts were offered for .55 while the stock was trading around 38.55-65
That just seemed too good to be true and I let it lay.

I'll bet the Qubes close near enough to 39 to burn all the droolers like me who couldn't resist.
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Zeev Hed

11/16/04 10:58 PM

#323318 RE: jrintl #323314

It might have crept above $37 to around $37.5, a lot of puts from $34 to $37 are going to be wasted, much more than the calls that are currently in the money in that range.