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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (10326)	12/15/1998 11:42:00 AM
From: Jerry Olson	Read Replies (1) of 44573

Pat i was just looking at the DJX...to trade options...is that what you were trading???, or was it the futures... the Dec 89 puts right now are 2 1/16...thinking we rally to that level.. the Jan's 89's puts are 3 1/2...could be just a nice positional trade, based on my read of the selloff, we would go down to 8350... i'm assuming 1 point for every 100 point move in the DOW... this is a slow moving and very sorta safe index to trade...

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