SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (31772)10/16/1998 1:38:00 AM
From: B.REVERE  Read Replies (3) of 94695
 
Don, forget about the oex for now. The spx all of a sudden has an
additional 80,000 contracts in the money at an average price of
60 if the spx closes tomorrow morning at today's close. If my math
is right, that's about 1/2 billion due from the brokers just from the
spx. MM's like to try and settle at a midway point to expire as many
contracts worthless as possible. Midway starting today was around 1005. OEX mid was near 490. These guys are in trouble. Check the futures in the morning, s/b lock limit down.

BR
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News