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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (49628)	8/11/1998 4:21:00 PM
From: Electric	Read Replies (1) of 58727

FWIW... PREM ended very poorly.. Down 3 from FV, so tomorrow we start in the hole.. It is interesting how when the market rallies hard at the close on a buy program that the futures always catch the current contract after the market is closed.. PREM at 1.02, FV at about 4 and change.. That tells me there were instituted buy programs that werent in line with the normal movement of the contract. So somebody bought at the end.. somebody big.

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