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Strategies & Market Trends : Daytrading OEX options with a method, not a trading system -- Ignore unavailable to you. Want to Upgrade?


To: Mark Z who wrote (31)10/14/1998 12:26:00 AM
From: HiSpeed  Read Replies (1) | Respond to of 62
 
I see the OEX Oct 500 puts (OEWVT) closed at 12.750 while the OEX closed at 487.78

Essentially, this option should move right with the OEX, correct? And with nil in the way of time premium in the option, it would be a good play if one expects the market to tank a couple hundred points before expiration, correct?