Big move next week or two ?

[SethArb]

I noticed the open interest in the stock index futures
both pit and electronic increased by a very large amount
friday ...

I know friday is triple witch and its possibly related to
this ... now I only need to know the direction
of the move ...

 

[Pabst]

Originally posted by SethArb
I noticed the open interest in the stock index futures
both pit and electronic increased by a very large amount
friday ...

I know friday is triple witch and its possibly related to
this ... now I only need to know the direction
of the move ...

Seth, Open interest spikes, going into every roll. There's a large number of Sept. positions that were offset Thurs, and Fri in Dec. Those U-Z spreads will be executed this week, and O.I. will move down to more normal levels.