The OEX... gasp! Message Board

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

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To: kx who wrote (630)	3/17/1997 12:45:00 AM
From: Rodney Saunders	of 658

To bad we cannot get a good OEX thread going here. I had the long entry at 766 and caught what I thought was the perfect buy on Thursday, 775 calls @ 5 1/2, the lowest trade I saw. I had figured a bounce to 774 on Friday at some point no matter which way it closed. At the moneys were trading at around 9 Thursday. Long story short, even though we saw 772 very early the 775's went no where 6 3/8 tops. Seeing that action made me reverse, but I went well into the money to have time to get out if I'm wrong. The OEX maybe to fast a game to get much intrest going on a thread. Good trading -- Rod

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