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At 10:17 AM 9/16/2005 -0500, you wrote:
vix has
been bouncing the outside of the channel to the other - some thing
different about his options expiration?
Yes, a new weighting of the index components. For instance, WMT had
20% removed from its weighting and funds sold it off on the close due to
that. I shorted Walmart at $46 last week and covered 1 minute
before the close at $43.90. MSFT was also lowered as the new
calculations removed shares not in the float .. those closely
held.
Bob
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