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

To: MJR who wrote (11)	3/6/1998 6:14:00 PM
From: Jags	Respond to of 33

Boy what a day! The ndx got back all its gains. For the weightage on the NDX, Msft has some 22%, Intc has some 14%, Csco has some 7% and Dell some 5%. THose 4 make 48%!! Thats too much for 4 stocks to control in a 100 stock index. Does anybody have such bell weather break up on other major indexes? Jags

To: MJR who wrote (11)	8/4/1998 12:02:00 AM
From: Robert Marsh	Respond to of 33

MJR and anyone else out there listening, I've been fortunate day trading NDX options based on market momentum over the last couple of weeks. Anybody else out there doing it? A few other questions - Can anybody comment on a good price to pay for commissions because Discover is charging me $27.50 now? The spread on current month in-the-money options is usually $3, but sometimes the trade will be executed well under that spread. Is this typical? Have you found that contracts like to be closed by end-of-day even if your ask is well-below market? Do options sellers sit out the first half hour after market open to wait out volatility? Thanks in advance, Bubba