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Non-Tech : Don Fishback's ODDS System

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To: Dr. Stoxx who wrote (27)9/25/1998 9:23:00 PM
From: Rob Hodges  Read Replies (3) of 48
 
Hi,

I just watched Fishback's videos. It seems like the system has merit, but i agree that it might be hard to find a suitable trade. For example all he talks about trading in the video is options on the OEX. But at the moment with the OEX at 505 and volatility at 34% in order to get a 90% trade you have to do a put spread at around 410/415 or a call spread at 595/600. Neither of these looked like they would be profitable.

I would like to look at other indices or individual stocks, but I can't find a site gives the volatility of any other index, or of any individual stock. Does anybody know any sites where I can find out this info?????? Once I find this I can try paper trading for awhile.

THANKS!

Rob
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