Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (81902)	10/13/2008 7:58:28 AM
From: Real Man	1 Recommendation Read Replies (1) of 94695

Exactly, I sure hope so! -g- If they can't stop the panic, the crash will wipe out the options market this week. It seems it still functions, but barely. Options sellers must be broke. Without them, there is only bid for poots and no offer. This kinda increases volatility a whole lot. Implied volatility per spoos 900 options went to 117 on Friday!!! What I am trying to say, this expiration is not gonna be "normal", but I sure hope real buyers who hide in the treasuries come back and buy spoos. Liquidity conditions in the options market must be very dire now.

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