SI
SI
discoversearch

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 : Trading Options on the Nasdaq 100 Index (NDX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JKB who wrote (17)3/31/1998 7:54:00 PM
From: txx  Read Replies (1) of 33
 
I know what you mean. I am speaking about the skewed weighting of MSFT on the Nasdaq 100 Index. With MSFT, every $1 move in the stock is equal to 3.06 points in the index. As such, with MSFT up +4, and don't forget the "coat tail effect" of the other techs, the index would be called to open AT LEAST 12.00 higher and you could have bought the futures just 9.00 higher. 8:30am the next morning, sure enough the pit opened up almost 30.00 points higher. I was not speaking of trading the stock outright, just the skewed futures.

txx
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext