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Technology Stocks : Ascend Communications (ASND)

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To: Glenn D. Rudolph who wrote (39142)3/14/1998 11:30:00 AM
From: rag2rag  Read Replies (2) of 61433
 
regards,

It is a proven fact that the time premium decreases significantly between the Friday of expiration and the following Monday. The near month time premium drops an average of 20% over that weekend.

I agree that this is happening. What I cannot figure out is why it should be this way. Is the game rigged ?
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