Tech Stock Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donald sew who wrote (36926)	3/18/1998 9:07:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

If you want yet another item to look at, often people look at the Dollar Index. I do not subscribe to the Cotton Exchange's data so I only can find it here. inven.com:7000/customChart/runCustomChart.cgi?dx&961101&991201&d&ohlc& The Open Interest did not change substantially in the OEX calls last night, which still leaves open the possibility of the market being gunned higher in the final hour; either today, tomorrow, Friday or any combination of the three. Clue to watch for is a market pushing up towards new highs around 3 ET. If there is a "parabolic" type advance at that time generally a lot of ITM calls get exercised at the close and the market opens weak the next morning. Two ways of playing this is to either anticipate the move and hop on board for 45 minutes or so.....or else buy puts on the close and exit them on the open. Essentially what I was saying is that the market may be gunned for short periods of time and expiration is the week to anticipate it. In addition to the above, I found out from a CBOE MM that some of the SPX positions were rolled out last Friday. I did not check this out, because I see no reason to dispute this.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next