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Strategies & Market Trends : The OEX... gasp!
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To: Kent Reeves who wrote (16)7/23/1996 5:08:00 PM
From: george saintonge   of 658
 
OEX -- i didn"t mean to imply that i had a spread on...what i try to do
is watch the closest strike call above and put below cash...so if its
610 cash then i have 615 call and 605 put on my screen. that way
if i see something i can purchase put or call and if right then be in -
money quickly.
One of my clients is Big time trader and pointed out that rally
today ran into trendline on sp500 futures drawn off july 10 and july 18
highs. sp500 future finished on low, below last mondays low=ugly
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