European expiries today

[DaxTrader]

Apparently lots of big options positions all over the place, so could be very volatile.

My bet is on the Dax hitting the 4000 strike price, FTSE maybe 4500 ?

 

[zow]

seriously, you think so?

I'd give you 10:1 at least against that happening in the FTSE!

(Dec Ftse expires in 1 hr)

 

[DaxTrader]

Yes, probably a bit over optimistic, although we are near some big round numbers for Dax, FTSE


Have seen the Ftse move 200 ticks in the expiry period, and the Eurostox move 3% in an hour, so not impossible

A friend who is a european equity derivatives trader with a US bank e mailed saying big positions all over the place.

Maybe I am just hoping for something exciting to happen after a dull December

 

[bonsai]

its the cooking sherry ?

it must be doing the rounds ?

lol

dax - on ftse they usually go for the nearest 50. so 4400 looks to be it.

 

[DaxTrader]

Just eaten my way through the rim of my hat, tucking into the rest of it now...



bonsai - yes seem to expire very close to option strikes

 

[zow]

Was it 10k you bet with me? :cheesy:
Cash settlement only pls!

 

[bonsai]

Dax
January could be just as dull ?

watch the superbowl for the next clue !