This Man Has Studied Program Trading For 23 Years

Tradingmarkets.com has a great interview with Hank Camp of HL Camp and Company. Mr. Camp discusses arbitrage through program trading and his extensive studies of the market Since 1982. One particular note of interest is the breakdown of how the OEX options are manipulated during options expiriation. Manipulation may seem like a conspiracy type mindset, but once you read the breakdown it doesn't seem odd at all.