well, the opening program was up and is over, that leaves the closing buy program. How much is the question...the OEX is @ 715 and a key in this closing program...the Sept 715 call trading just over a $1, says it'll probably pin near 715 unless you see the OEX start trading over 716.50...then we will get a bigger squeeze program at the close. All Sept puts that were in play to 0 again. Have a good weekend all!
expiration
Started by
tommyt
, Sep 21 2007 11:48 AM
3 replies to this topic
#2
rkd80
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Posted 21 September 2007 - 12:13 PM
wait, hang on. so are you saying if we don't go higer - then we will sell off? hmm....intriguing.
“be right and sit tight”
#3
sglasson
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- Traders-Talk User
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Posted 21 September 2007 - 12:18 PM
cftc releases cot at 330et - may impact last 45min of futures trading - perhaps late day sell-off and hard down next week??
#4
tommyt
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Posted 21 September 2007 - 12:55 PM
wait, hang on. so are you saying if we don't go higer - then we will sell off? hmm....intriguing.
I was saying we are pinned to this 715 area...in addition I would short small on any buy program on close, for sell early next week.
