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OEX P/C Sell??


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#1 OEXCHAOS

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    Mark S. Young

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Posted 10 July 2007 - 06:27 AM

Nope. :lol: Carl had it as 2.66 last night, but I did the math and it was more like 1.75. I see he has corrected it this morning. I didn't want anyone caught wrong footted. We may sell off, but it doesn't look to be an orchestrated options-related affair, just yet. Mark

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#2 rkd80

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Posted 10 July 2007 - 08:24 AM

Heh, I was surprised by the title myself. $CPCI does not look threatening at all, although the low equity ratio is bearish. Problem of course is that it can be at these levels and market could care less.



Nope. :lol:

Carl had it as 2.66 last night, but I did the math and it was more like 1.75. I see he has corrected it this morning. I didn't want anyone caught wrong footted.

We may sell off, but it doesn't look to be an orchestrated options-related affair, just yet.

Mark


“be right and sit tight”