My Photo
Note: Jeff does not accept guest blog posts on A Dash of Insight.

For inquiries regarding advertising and republication, contact main@newarc.com

Follow Jeff on Twitter!

Enter your email address:

Delivered by FeedBurner

Certifications

  • Seeking Alpha
    Seeking Alpha Certified
  • AllTopSites
    Alltop, all the top stories
  • iStockAnalyst
Talk Markets
Forexpros Contributor
Disclaimer
Copyright 2005-2014
All Rights Reserved

« Intermediate Outlook Moves to Neutral | Main | CDO's and the Market: An Investor Guide »

July 01, 2007

Comments

oldprof

Adam -

We are sharing some memories here! It was very tough trading the deep index options in those days.

Things have changed a bit since more people are invested in SPY and some use the XEO (European exercise). There are still some days, like the one you pointed out, where the options activity is significant.

Thanks again,

Jeff

Adam

thanks for the links. I link you in my MV blog rundown, but i realized i never updated my own blogroll, although same here, I read you all the time.

I haven't traded index options actively in forever, I totally forgot about the exercise angle when it misaligns. It has to be a cash-settled product like you mention and non euro-exercise. But you bring me back in time (late 80's, when i started). We would get hosed each expiration with them gunning it one way and exercising that side, then gunning it the other way the next day.

The comments to this entry are closed.