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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (6590)	10/16/1998 11:20:00 AM
From: Brian Hornby	Respond to of 44573

Tom, Thanks very much. Actually I already decided to hold off on selling calls today - I feel the SP may not have any real resistance until the 1100 range, though this ~1065 level might cause a pause. On selling puts - today might still be a good time to do that on any inter-day pullback. The drop in premium over the weekend following expiration can be large, and the option is likely priced lower on Monday no matter what the market does, barring a large move down Monday morning.