Little movement in index futures?

Discussion in 'Index Futures' started by paden, Mar 20, 2008.

  1. paden

    paden

    http://biz.yahoo.com/ap/080320/asia_markets.html

    Asia down big, bad news in Europe with reduced margins, downward pressure all day and strong down close today, yet the futures are flat. Is that because we are going into options expiration and the big boys don't want to screw up their option positions?

    Anyone care to guess? I can't sleep, and I am floored that there is no movement. It's actually great, as I am short puts expiring tomorrow, which are currently OTM.
     
  2. gkishot

    gkishot

    My guess is that we are bottoming out.