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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (28194)7/21/1999 1:04:00 AM
From: mozek  Read Replies (1) of 44573
 
Ground Zero or anyone,
It looks to me that NDX and SP futures are way up right now relative to fair value. While globex shows +645 on NDX, it looks like +3000 relative to the close. Am I reading this incorrectly? On Monday, I sold a small fortune in calls expecting a selloff. I'm wondering whether I should consider buying them back. Even if we're up as much as it looks like to me, my original scenario called for an annual top Monday, and I may hold the position till expiry (Aug & Sept).

Thanks for any help,
Mike
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