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Strategies & Market Trends : Waiting for the big Kahuna
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To: Haim R. Branisteanu who wrote (31487)10/13/1998 11:05:00 PM
From: Moominoid  Read Replies (1) of 94695
 
Bill, if you want to know were the insider thing the market is moving look at deep in the money equity
option.

This won't work if the Black-Scholes model is right. It's like the futures price is normally above the physical and higher the further to expiry. That's an indication that the expected trend is neutral. However, on options even this isn't supposed to enter.

David
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