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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (42577)3/8/2000 10:05:00 AM
From: gaj  Read Replies (2) | Respond to of 99985
 
OT question RE: options, and the dow jones...

yesterday, we all 'knew' P&G would open down big, at least 15-20 points, when it was still closed. however, at that point, the dow was only down about 80-100; when p&g opened, the dow was then down 200.

my question: can you get the options, 'priced' when the dow is officially at -90 (but p&g isn't open), and then sell for a substantial profit when p&g opens, and the dow drops 100 pts?

thanks...- bob