OEX Short term trading Message Board

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Strategies & Market Trends : OEX Short term trading

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To: Sean McClellan who wrote (18)	8/21/1997 8:25:00 AM
From: John M	of 29

I haven't got a clue. I looked at a quote chain from quote.com and saw several instances of the same option (strike/expire) listed at two radically different prices. I can guess as to which option price is correct based on the underlying security but have no explaination as to why there are two prices. I've sent an e-mail to my Lombard broker in the past about this very same problem but never received an answer. I'll send one off to my Fidelity broker and see if they can tell me. With regards to the OEX, technically it's looking pretty good. MACD, stochastics and RS show it with plenty of room to run. Fundamentally, there's no big economic news items due this week. However, I'm a little concerned about bond prices. That may be the fly in the ointment. I'm still hanging on to my calls. Have you got a sell point? Looks like some overhead resistence at 921-924. John

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