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To: zoya who wrote (3982)1/14/1999 4:24:00 PM
From: Lee Lichterman III  Respond to of 99985
 
Hope your right. I knew something related to the indexes was based on the open instead of the close.

Wish I had puts, thought about it for a while but it was so late into the sell off I was playing for a closing bounce and took it on the chin even though my indicators said down. Tried to trade with the gut instead of my signals. Big Oooops.

Thanks

Lee



To: zoya who wrote (3982)1/14/1999 4:26:00 PM
From: Jack of All Trades  Read Replies (2) | Respond to of 99985
 
OEX or should I say OEY options have alot of Puts in the money looking at open interest. I say they move the OEX back to 615 range for tomorrow. This would make many more options expire worthless. That's what I bet alittle on just before close (OEYAB's).