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


To: Patrick Slevin who wrote (44561)6/3/1998 1:36:00 PM
From: Electric  Read Replies (1) | Respond to of 58727
 
Patrick,

I must be a horses behind to lose you.. somtimes I am far from eloquent in my explanations..

I had not heard that fundies are limited to cash side puts.. In fact if you think about it, that is one reason why you trade the futures right? It would make sense for fundies to want futures puts, and I am sure that there are current contract puts in place as well?

What I was referring to about PREM, is it seems to effect the movement on the DOW more obviously than the point change in the S&P.. So like today where the PREM went positive +.8 and the DOW immediately went up 8 points or so, but the S&P changed by a point or less.. So the PREM is less obvious to see change than the DOW, of course this is due to size of the beast. Thats all I meant by that..

Now what do you think the topic of Springer will be tonite? Your gin game is tonite, didnt you tell me that you fund your futures trading with the winnings in gin? lol



To: Patrick Slevin who wrote (44561)6/3/1998 1:40:00 PM
From: ratan lal  Read Replies (2) | Respond to of 58727
 
Patrick

What is your sp8m projection for this afternoon. I am short at 1096.50 and dont know whether to cover or wait. Charts look flat. SPX looks flat. Only the PREM keeps going up and down +/- 1 point

ratan

EDIT.....Well the market answered in my favor. sp8m now 1094