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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (42753)	5/8/1998 1:59:00 PM
From: ratan lal	Read Replies (2) of 58727

oj Yeah...I see it..now if were right..the cash or SPX at 1109 and the futures or SPM at 1113 is at a premium to the cash and that means we will continue to move higher...right??? wrong sp8m is always at premium to spx. The amount of premium decides whether it is a buy or sell. Somone establishes a FAIR PRICE VALUE to the difference. if the diff is above the FPV then it is a sell. If lower then buy . ratan

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