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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3487)12/18/1997 3:54:00 PM
From: VALUESPEC  Read Replies (2) of 7396
 
My futures broker is out for the rest of the day. If he were in, I'd buy an at the money Dec s&p put and hold it overnight. It settles first thing in the morning. If asia, etc., reacts to today's weakness, it could be profitable. At worst, you'd lose $ 300 (?) per contract.

Dow -115.9
S&P cash 955.48
Dec s&p 965.80

VS
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