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Strategies & Market Trends : NetCurrents NTCS

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To: Jan Crawley who wrote (308)10/5/2000 1:44:14 AM
From: Teresa Lo  Read Replies (1) of 8925
 
"2,500 Yhoo-Jan-185 puts were traded(or opened) today at $97 and another 2,500 Yhoo-Jan-210 puts at $122."

Deep in the money puts with barely any premium. It must be some sort of hedging program rather than speculative trade. That's all I can think of, off the top of my head.

Teresa
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