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To: sandeep who wrote (68299)2/16/2001 1:17:45 AM
From: IceShark  Read Replies (1) | Respond to of 436258
 
Huh? Which options are you talking about? Future options? You like to drink AvGas for breakfast? -g-

Luc is thinking of some market index options that get priced out and settled based on Friday open and the games that are played with that. I never heard of an equity type option that expired at 13:15 friday, so educate us.

Then there are American equity options on the common which legally expire on the Saturday after the third friday. Useful, but it is sort of hard to trade them on Saturday, other than exercise them.



To: sandeep who wrote (68299)2/16/2001 9:28:31 AM
From: LLCF  Respond to of 436258
 
<I bought some index futures options which my broker assured me would expire at 1:15 pm on friday. >

Broker?? Oh, oh

DAK


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