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Re: MKT OPENING VIX VALUES



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NO QUOTES AND NO TRADING>   THE MAINFRAME DIDN'T COME UP UNTIL 8:52AM and
everything wasn't open to about 9:30.  It was a mess.  Systems described it as a
TPF problem.  Technical mumbo jumbo for a broken computer.

TRaffertu wrote:

> In a message dated 4/27/98 11:10:30 PM Eastern Daylight Time,
> droex@xxxxxxxxxxxx writes:
>
> > CBOE SYSTEMS WERE DOWN AT THE OPENING TODAY>The mainframe was
> > down 22 minutes and all systems weren't fully open for about the
> > first hour.  Accordingly the opening VIX values are actually post
> > opening numbers.
>
>           Hi Doc,
>
>           Was this the reason I could not get a quote on OEX puts during that
> time or was it because the market was moving so fast they could not get them
> opened
>
>           This brings up another question: During that time many Dow
> components and probably others where not open.  If components of an index are
> not open can options on the index trade?
>
>                                    Good luck and good trading,
>                                             Ray Raffurty