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

To: Patrick Slevin who wrote (43481)	5/19/1998 9:18:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

can someone explain to me what this means and (and why these particular numbers???): Note that SPoos went out at the lower arb. pt. on yesterday's close(around a 2.5 premium to SPX). Thus part of "the pop" is a move back to the upper arb. pt. of 5.0. which is 1105.82 + 5.00 or 1110.82. With Globex now at 1112.3, futures are now only 1.5 above the upper arb. pt. implying a small arb. push on the DJIA of only 10 pts.