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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Brister who wrote (6702)3/20/2001 3:44:23 PM
From: Patrick Slevin  Read Replies (3) of 7434
 
Lots, I would guess. If you figure that the O.I. on the June SP alone is 465,156 contracts give or take a few then a drop from the 9:30 EST Open of 1185.50 (approximately) to the present price @ 1159 represents

465,165 * $250 * 26.50 = $3,081,718,125

But I did not get very much of it.
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