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Strategies & Market Trends : Trading Options on the Nasdaq 100 Index (NDX) -- Ignore unavailable to you. Want to Upgrade?


To: jeffrey roberts who wrote (4)3/1/1998 5:11:00 PM
From: MJR  Read Replies (1) | Respond to of 33
 
Jeffrey:

I'll be honest, I'm not sure what this market is riding on.. but, the fact is that something is giving it enough push to keep going. I'm currently eyeing $NDX Apr and May puts... probably Out of the Money at this time but likely to become In the Money.. perhaps 1000 or 1100 as the strike price. I'm not ready to go for puts yet as there still is a lot missing from the indicators that a pull back has started. One may be evident soon though so stay tuned.

Mike