big sell at open, page-6

its actually due to the cash settlement of index options and SPI futures that use the opening price of the index for settlement. prices for options expiry on individual stocks will be determined at the close of business next thursday 26/3/09.

the same stupid statements get posted every quarter when some newbie wets themselves over a big on order on their beloved shares.

just goes to show how much more people need to learn before even diving into the market.

equal and opposing bids will match it out closer to expiry.