The OEX... gasp! Message Board

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Strategies & Market Trends : The OEX... gasp!

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To: Patrick Slevin who wrote (410)	1/17/1997 1:44:00 PM
From: Patrick Hartmann	of 658

Hey Patrick, Legging in sounds like a good idea, but the whole concept is based on the idea of buying low and selling high....you're then back to square one of trying to predict which way the market is headed....I am trying to take that factor out of my formula and the only way to do that is to buy the put/call at the same time....I have noticed that premiums on both sometimes are lower in the a.m. then at the end of the day. I don't mind waiting for the OEX to move 20 pt. in one direction or the other,usually it trends in a certain direction at least that many points. Patrick

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