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Thanks, John. I'm confused. Percentage wise would the move not be comparable?
The price of the Spiders per share is a lot less than the S&P, perhaps a tenth.
John Manasco wrote:
> Bill
>
> The only problem I have with spiders is they aren't volatile. A 10 point
> move in the S&P is only a one point move in the spiders. Even if you buy
> on margin you'll see they don't make big moves in a day. Ever consider
> OEX options?
>
> John Manasco
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