Tons of calls there, tons of calls below. Don't think we're going anywhere unless some unusual news releases.
OPEX pinning
Started by
dcengr
, Jan 19 2007 10:32 AM
3 replies to this topic
#1
Posted 19 January 2007 - 10:32 AM
Qui custodiet ipsos custodes?
#2
Posted 19 January 2007 - 10:40 AM
44 is major put support. OEX to get pinned to 662.50 or 665....should trade in between all day....
#3
Posted 19 January 2007 - 10:40 AM
i.e. After stock options expire today, QQQQ may go back to 45? For indices the options settlement values already determined and the game for next month starting over again with a bias going up since the IT trend is up.Tons of calls there, tons of calls below. Don't think we're going anywhere unless some unusual news releases.
Edited by redfoliage2, 19 January 2007 - 10:48 AM.
#4
Posted 19 January 2007 - 10:50 AM
i.e. After stock options expire today, QQQQ may go back to 45? For indices the options settlement values already determined and the game for next month starting over again with a bias going up since the IT trend is up.Tons of calls there, tons of calls below. Don't think we're going anywhere unless some unusual news releases.
I have a bearish bias, but yes trend still seems up. Back to 45? Maybe. That would certainly take care of the gap and cramerites.
Er that above should read tons of calls above, tons of puts below.
Edited by dcengr, 19 January 2007 - 10:52 AM.
Qui custodiet ipsos custodes?