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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: broken_cookie who wrote (33895)	9/16/1999 2:53:00 PM
From: Jack of All Trades	Read Replies (2) \| Respond to of 44573

Options expire Friday...

To: broken_cookie who wrote (33895)	9/16/1999 3:07:00 PM
From: Patrick Slevin	Respond to of 44573

Sorry about Vinny, heck. I'm sorry I might lose a bottle of Tullamore Dew. During Expiration week, however, all bets are off. By then, most of the outstanding ITM options are in the pockets of the professionals speculators. So, with regard to the OEX (for example) if there is motion towards a the direction of the predominant weight of the O.I. then there is some ... let us say .. "extra push" if you know what I mean. I know it happens, I've seen McMillan predict it for 5 or 6 years. I dropped his service last July but it happened rather often for it to be a co-incidence. Index Options Expire at 4:15 EST Friday....the SnP September Contract expires at the Open Friday.