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the interest peaks at 2:00, the report hits 2:11 - 2:15 EST.
-----Original Message-----
From: Jim Holbrook <dinky@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, November 17, 1998 8:27 AM
Subject: Re: Fed meeting
>Does anyone know when the results of the Fed meeting will be
>available?...thanks...Jim
>
>THE DOCTOR wrote:
>
>> DOW options and index options in general are similar to the equity
options you
>> are familiar with with a few exceptions. First DOW options are
european,
>> which means they cannot be early exercised.... they can be bought and
sold all
>> day long, but only exercised on the Friday of their expiration month.
>>
>> They settle AM instead of PM like equities. So for example the November
series
>> halt trading at the COB this Thursday... settle at the opening on Friday
>> AM...the November options do NOT trade on Friday, but exercise back to
the
>> Friday AM opening settlement.
>>
>> They cash settle as opposed to physical settlement for equities.. so only
cash
>> moves between accounts.
>>
>> You might want to visit the CBOE website for more info and the DOW
options. My
>> description applies to the DOW equity options, the CBOT also trades
options on
>> the DOW future and you might want to visit their website for specifics.
>>
>> Frank Thompson wrote:
>>
>> > I am looking at "Options On The DOW" and was wondering if anyone has
any
>> > experience with them. I am familiar with standard equity calls and
puts and
>> > wonder what the differences are. I would appreciate any of your
comments?
>> >
>> > Thanks for your input.
>> > Frank
>
>
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