Kudos to MMs

[nitro]

03/06/2012 10:31:26 OFV = -976.58 Buy to Close SPX at 1347.06

 

[nitro]

03/06/2012 10:34:29 OFV = 1348.12 Buy to Open at 1345.48 Spread = 2.5

 

[nitro]

03/06/2012 13:00:13 OFV = -976.72 Sell to Close SPX at 1342.86

 

[nitro]

03/06/2012 13:35:41 OFV = 1343.75 Buy to Open at 1340.14 Spread = 2.5

 

[nitro]

03/06/2012 13:45:12 OFV = 1340.22 Sell to Close SPX at 1340.58 Spread = 2.5

 

[nitro]

The "Stock Model",

http://www.elitetrader.com/vb/showthread.php?s=&threadid=224621&perpage=6&pagenumber=1

rates the entire market at 1. That is down from 3.

 

[nitro]

03/07/2012 09:08:16 OFV = 1349.18 Buy to Open at 1346.67 Spread = 2.5

 

[nitro]

03/07/2012 10:31:26 OFV = -982.39 Sell to Close SPX at 1352.15
03/07/2012 10:35:01 OFV = 1354.93 Buy to Open at 1351.85 Spread = 3

 

[nitro]

03/07/2012 13:00:22 OFV = -983.55 Sell to Close SPX at 1351.8
03/07/2012 13:21:21 OFV = 1355.85 Buy to Open at 1352.73 Spread = 3
03/07/2012 15:00:24 OFV = 1358.52 Sell to Close SPX at 1352.89

 

[nitro]

Notice that spread went back to 3 as VIX went below 20.