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NetNeutral

03/01/18 9:40 PM

#255045 RE: BOS-MMT #255043

Hey Boss-Man, remember the OEPM(Options Expiration Percent Movement) is based of the THIRD Friday of the Month, hence, on the Third Friday of 2017 Spy closed at 266.51, OPEX(Qtrly as well)!!

My Year actually runs from the Third Friday of December to the Third Friday of the next Year.

On 12/15/2017 Spy closed at 266.51 and this is now my Yearly OE Pivot, OR, Zero line. Meaning that when Spy is at 266.51 it's up Zero Percent...

That said, Spy also closed the actual Calendar year at 266.86 or not very far from the OEPM number.

Hope this clears it up...