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m1o2n3i4c5k6

05/07/03 10:16 AM

#105271 RE: ajtj99 #105260

MP is 27, not 28.
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mish

05/07/03 12:07 PM

#105343 RE: ajtj99 #105260

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