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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: Herschel Rubin who wrote (1038)7/13/2004 7:48:45 PM
From: Steve168  Read Replies (2) of 1064
 
"I've been in the same situation on the afternoon of options expiration day and the specialist is bidding a nickle below the intrinsic value"

Does this "specialist bidding below intrinsic value" happen every month on expiration day?

thanks,
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