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PureBytes Links
Trading Reference Links
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Market makers CANNOT trade or price the options until 80% of the cap of the
index is open.
John Manasco wrote:
> I noticed yesterday when the market opened the OEX was quoted at some
> number, I forget what, and as more stocks opened the index fell
> accordingly. I guess my question is applicable to all index options, do
> the market makers wait for all stocks that make up an index to open
> before they establish their bid/ask prices? If they don't wait then how
> are the prices of the options determined?
>
> John Manasco
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