Replies to post #45624 on Zeev's Turnips Patch-No Politics (ZEEV)

[Public Heel]

Ze'ev... I've seen you comment a number times. regarding the weeks before options expiration, that "criminals" (forgive me if that's not exactly the way you put it) will first ramp prices up to blow out the puts, then move them down to blow out the calls.

Is the "general idea" to move prices towards the Max Pain point by the end of the week?

TIA

[limtex]

Unless of course the new VOD announcement takes off and/or the other bigplayers in China decide they want a system that workd and/or KDDI has antoehr big month, and/or PCS does too.

Best,

L

[Alchemist]

Zeev, regarding QCOM and 37.50 as the bottom of the new box. How did you come up with that number? Clearly correct (as usual) as it bounced there twice.

I see a top of a previous box at 36.50.

Thanks, as usual