Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (4392)	4/12/2000 4:36:00 PM
From: Jack of All Trades	Respond to of 7434

Yes trades closely, but does have divergences every once in a while. They move in the same direction just not the same %.

To: fut_trade who wrote (4392)	4/13/2000 8:50:00 AM
From: Patrick Slevin	Respond to of 7434

Generally you see quite a bit of divergence during the 3 or 4 days on either side of Expiration. Although I haven't checked recently, you see the OEX with greater % moves as people are driving the market to roll or exercise expiring options. I had a link to an interesting ploy on that, but I doubt I could still find it. This isn't an observation I made, by the way. It's something I learned over the years from McMillan, when I used to receive his Options Advisory. He could point out where the Buy Programs should kick in based on O.I.; once I started watching it more closely, it was obvious that there were stronger OEX moves during that roughly 7, 8 day period each month.