Futures for shares of “LUKOIL” (LKH0): in the morning futures LKH0 is the basis of 50 points, while reducing to 12-30 Moscow time on 1% (Fig. 1).

Fig. 1. History of the basis (within days).

number of open positions from the beginning of trading dropped to 100 and was 121 900 contracts (Fig. 2).

Fig. 2. Changing the open position (within days).

In the long term the market remains in a downtrend. Volatility March putov “outside money” lower than the volatility of the March of call out of the money “(Fig. 3). We watch “volatility smirk”, which indicates that in the near future we can see how the growth and decline.

Fig. 3. Exchange IV (within days).

If we talk about the number of open positions, then the maximum amount - on fetters LK17000BO9 (put max, Fig. 4) and Collen LK18000BC9 (call max, Fig. 4).

Fig. 4. Levels of optional support /resistance.

The most likely scenario: a reduction in area 14000.
Least likely scenario: growth in the area 18000.

Lytvyn signed amendments to the electoral law. Waiting for Yushchenko
Net profit for Royal Dutch Shell in 2009 decreased by 52%
Lithuania started Eurobond, the volume could reach 1.5 billion dollars
In the zone or in the shade?

This dilemma has arisen before the domestic gambling industry immediately after the Parliament adopted the Law …

In the current situation can be expected “cooling” of trading activity in the market in anticipation of the RF output statistics
If the MICEX index pierce support 1,420 points, “defensive” stocks will not
“Finam” summed up the Asset Management in January
Past trading session on the U.S. stock market concluded the symbolic opposite changes the basic indexes
Asia: doubts about the region”s economic growth will be reborn