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.