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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Tom Trader who wrote (2261)8/21/1998 1:08:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
< in relation to expiration>

People tend to forget that arb activity during expiry cuts both ways. The recent history of bullish expiration weeks could just as easily show a negative price action.

The OEX is down low enough to make puts rather profitable in a congestion of sell programs during the last hour.
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