Works here, should work for you. Time to look for the reaction to the coming FED meeting/cut. (18th)
Hard to say if today's rally is more short covering than actual drunken sailor type buying.
Ideas?
Also, the trading will be a bit dicey on expiration day, which will be early due to the holiday.
Due to a CBOE holiday on Friday, March 21, 2008, the last trading day for March 2008 SPX, DJX, NDX and RUT options will be on Wednesday, March 19, 2008 (please note this is not the traditional third Thursday of the month). As a result, March 2008 SPX, DJX, NDX and RUT options will settle based on opening prices on Thursday, March 20, 2008.
This is why there are also index options expiring on 31 March. |
