is it friday already..., page-71

sometimes they are not too careful about their wording in the pds, they assume you know. I'm assuming they are both from the same company and both puts or calls or whatever.. believe me, they are both priced on the spi.. I didn't know that when i was starting out, read the pds in great detail, it said was based on xjo, so I traded it on xjo and in one morning lost an unbelieveable amount of money as the spi went one way and xjo went the other on the open.. complained loud and long and noticed that their pds changed shortly after.. when i say spi, I mean the underlying is the spi whether they are the futs or options of some sort on the futs.. and when you think about it, they can't do it any other way otherwise we'd all be making money by seeing where the spi was at the cash open and buying the warrants that were based on cash at the open.. good for us, not for mm's.. will never happen..