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To: smolejv@gmx.net who wrote (4673)	11/18/1998 10:54:00 AM
From: Jurgen Trautmann	Read Replies (2) of 11051

DJ, thank you, it WAS helpful and I've ordered my first position... what I cannot understand is where premiums are related to. Some have 25,- DM, some 1,- DM - even with later expiration-dates. Are they bundled for 100 shares each like US-options? Are they traded electronically in Stuttgart, with current bid/ask? Do U know something about exchange-rules, f.e. if or how many contracts must a marketmaker execute when your order was marketable? I fear we must come to Munich and let us indroduce by U in this difficult materia. But I cannot wait till the Biergarten-Saison... Jury PS: weather is no more that good as before here in Málaga. Today clouds came up, and it went to cool for laying along the pool and sunbathing. Yesterday evening temperature sank below 17 degrees. (Celsius, sorry) Hope December will become better - weather and so...

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