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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: LTK007 who wrote (78303)6/13/2002 12:04:30 PM
From: Jdaasoc  Read Replies (1) of 99280
 
If they disappoint.MMs fight all day to get green closing, but odds will be against them.

I heard on Bloomberg that Merrill estimates that open PUT positions for Jun are worth $20 B. This large short position of this size has only occured 3 times since 87.

The MMs have to spend some money to save some money IMO.
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