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Strategies & Market Trends : Sharck Soup

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To: Stuart T who wrote (12055)	3/16/2001 12:13:51 PM
From: James C. Mc Gowan	Read Replies (2) of 37746

SPQPJ just printed 1000 contracts at 7.50? Sold my puts at 9.8, and have bid to buy back at 7.70 O/H intraday resistance on SPX at about 1164, slightly breached a few minutes ago, now backing off again. Naz bounce off lows was strongest, fading again now. Strange big trades on SPX puts today, big chuncks go thru well below market. Somebody gets a really good deal, when they can buy $750,000. worth. James

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