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Strategies & Market Trends : Tech Stock Options

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To: B.REVERE who wrote (53125)9/17/1998 8:39:00 PM
From: dealmakr   Read Replies (1) of 58727
 
B. REVERE,

The SPX options settle on the opening of trading tomorrow. Even if Globex goes down lock limit its based on the December contract. The options for September settle on the opening and stocks can open down farther than indicted by Globex. I don't trade the SPX options, but I think thats how it works. Fun and games at its finest.

Dave
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