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>At 10:15 PM 9/10/98 -0400, you wrote:
>> I don't know why the OEX puts ran up so much after the close, but I sure
>got screwed on it! I was holding OEXUN Puts at the close of the market and
>at 4:00 pm the option stood at 9 7/8. I've had good luck at skiming a few
>eighths or quarters after the market closes and so I put in an order to sell
>at 10 ( a nice 2point profit!). Boom, my order got executed, but only a few
>minutes later the option was 11 1/4. I left a pile of money on that table.
>>
>> If you find out how to predict this, let me know.!
Watch the spooz, they tanked rather abruptly right into the close. And if
you don't have enough capital do not be on the consumer end of the option
game.
>>A lot of short covering took place for some reason on the Globex today right
>AFTER the close of the day trade.
Some reason was an announcement by Intel. NDX futures went 25 pts up.
Yuri K
Vancouver, USA
Festina lente
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