OEX OPTIONS AUTHORITY December 29, 2006
The blabla today fell like all the other indices,
losing 0.xx% (y.yy points) to end the day, week, and year at zzz.zz.
This stagnation is perfect for us and our current
spread. And, after we see how the new year starts, we'll also
be looking for an entry spot for the other side (the put side) of what
will eventually be an iron condor spread. In the meantime, the 20 day
moving average line is slowing down, yet simultaneously acting as
support. The put side of the spread is likely to be centered
around the yyy to zzz level, barring any changes stemming from
volatility next week.
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