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Strategies & Market Trends : Canadian Options

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To: Dan Courtemanche who wrote (857)	3/1/1998 7:58:00 PM
From: Dave.S	Read Replies (1) of 1598

Dan: I am not a specialist but just an independent options trader who trades on the options floor of the TSE. The TSE has a program called the Competitive Options Trader Program (COT) which was setup to increase the liquidity of the options by allowing some active Pro traders on the floor. Both Porter and I are COTS but he has chosen to be a Specialist where I prefer to just trade any options class which I choose. There are about 12 active COTS on the floor. While waiting for the opportunities, which I mentioned before, I trade stocks. Dave

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