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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (1905)5/31/2000 6:14:00 PM
From: Defrocked  Read Replies (1) | Respond to of 33421
 
Well, I don't know a trader on the floor
that will sell something for 30% off unless
they've been tapped and forced to close
while every else fades them.
So I'd say either the fair value calculations
are wrong or the underlying and premium quotes are
out-of-sync or both. No one off-the-floor is going
to be able to "out-arbitrage" the OEX pit.