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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: KFE who wrote (578)2/17/1999 11:29:00 PM
From: dealmakr   Read Replies (3) of 2317
 
KFE,

At the moneys have opened up the spreads due to greater volatility, OEX also. You can watch and become the inside bidder on most of these. Was trading the OEX 620 puts today and spread difference was 1/8-1/2 at times. Most of day was at about 1/4 spread. Out of the moneys on OEX are fairly tight depending on strike, below a buck usualy a steenth, over a buck-3 can go a steenth to 1/4. OEX ranging 10+ points a day lately makes the boyz in the pits very stingy, but its still the best way IMHO to play general market direction.

Good Trading

Dave
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