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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 (9169)11/30/1998 11:13:00 PM
From: Brian Hornby  Respond to of 44573
 
<<I wrote some OEX 580 calls on the sell signal >>

Good move - I have been thinking about writing some calls, but wanted to see if the SP would break solidly above the 1200 level first, in which case I would wait longer. Unfortunately I only do any analysis in the evening, so this drop makes me also want to wait as it was so large... It was good you were able to catch it inter-day. call premiums should drop substantually at open tomorrow.