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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (50152)	8/18/1998 6:16:00 PM
From: Patrick Slevin	Read Replies (1) of 58727

No, I'm flat. Titleist sent me a sleeve of balls to try out, is that cool or what? Um, PREM will change all night. Now it's at 5.30 for example. The PREM is priced off the difference between the Cash and the Futures and the Cash stops trading between 4 Eastern and 9:30 Eastern. So as the Futures move the PREM moves. If there is some trepidation people will sell the Futures and drive down the PREM after the Cash closes. But that is no clue to the next day as you saw today. PREM jumps all over the place early as the Cash scrambles to get in line with the Futures....damn, dinner. See ya later.

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