The 10-13 Week Cycle

OPTION WATCH
Date (t) .SPX. SPXAO %Dadj SPXMO Strad SPXAJ .OEX.. OXBAH %Dadj
Strike. Index. 875.C ..... 875.P .C+P. 850.C Index. 440.0 .....
12.26-c 889.66 31.00 2.71% +++++ +++++ 50.90 450.60 22.00 3.80%
12.27-i 885.05 27.50 2.57% 18.00 45.50 46.30 448.31 17.50 3.03%
12.27-c 875.40 21.95 2.49% 23.60 45.55 37.00 443.04 13.75 2.78%

Note: 2.49% x SQR(365/21) x1.25= (19.10/4.58)x1.25= 13.0%

CODE: c=Close / i=Intraday
NOTE: At SPX of 875, Jan.875c should cost about 22.00