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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (36326)3/8/1998 2:42:00 PM
From: George Mc Geary  Read Replies (2) | Respond to of 58727
 
Have a question. Globex closed Friday before the market opened in the US at 1041.80 and will not trade again till Sunday afternoon. With a lock limit down (20 points) could it be at 1021.80?

The reason I ask is the SP futures traded during market hours closed at 1057.20. If the Globex was lock limit down we would have a 35 point difference between the two indicies. That would seem to be an excessive number when it in the past has been limited to somewhere around 20.

The potential downside in the market at open would be horrific. Of course this would be to our advantage if holding puts...