mike, look closely- they are barely long the NDX Stock Index but short the NDX (mini) by more than 2 to 1:
NASDAQ-100 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
REPORTABLE POSITIONS AS OF 12/05/00 |
-------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|----------------|-----------------|----------------
LONG | SHORT |SPREADING| LONG | SHORT | LONG | SHORT | LONG | SHORT
------------------------------------------------------------------------------
(NASDAQ 100 INDEX X $100) OPEN INTEREST: 53,656
COMMITMENTS
7,777 6,573 1,352 33,892 31,772 43,021 39,697 10,635 13,959
CHANGES FROM 11/28/00 (CHANGE IN OPEN INTEREST: 4,958)
-30 -19 122 4,787 3,340 4,879 3,443 79 1,515
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
14.5 12.3 2.5 63.2 59.2 80.2 74.0 19.8 26.0
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 110)
21 25 8 50 36 76 64
NASDAQ-100 STOCK INDEX (MINI) - CHICAGO MERCANTILE EXCHANGE
REPORTABLE POSITIONS AS OF 12/05/00 |
-------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|----------------|-----------------|----------------
LONG | SHORT |SPREADING| LONG | SHORT | LONG | SHORT | LONG | SHORT
------------------------------------------------------------------------------
( NASDAQ 100 STOCK INDEX X $20) OPEN INTEREST: 76,780
COMMITMENTS
20,562 18,756 2,601 22,758 50,664 45,921 72,021 30,859 4,759
CHANGES FROM 11/28/00 (CHANGE IN OPEN INTEREST: 7,230)
6,486 -574 314 -1,558 7,307 5,242 7,047 1,988 183
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
26.8 24.4 3.4 29.6 66.0 59.8 93.8 40.2 6.2
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 71)
29 16 8 16 15 48 36
Hey Nemer- you want to chime in here with your expertise on trading the "mini" .
Best Regards, J.T. |
