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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: dclapp who wrote (9476)3/30/1999 10:26:00 AM
From: donald sew  Read Replies (2) of 99985
 
Doug,

>>>> on days when a Dow component opens late because of good or bad corporate news (HWP a while back on their "splitting the company," KO today on an earnings warning), go long or short DIA before the pop-up or down when the stock opens and is reflected in DIA. <<<<

That's a good point, and probably the reason why the PUT premiums were bumped up strongly at the open, and that's why I sold some of my puts I bought yesterday at the close so fast.

Seeya
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