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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (185568)8/6/2002 11:47:50 AM
From: BigMoney  Read Replies (3) of 436258
 
looks like that put buyer(s) was told to defend dow 8000 at all costs and the puts were simply a hedge.

of course who would be crazy enough to sell that many puts. maybe AG & co. is directly selling puts nowadays. literally the greenspan put.

i doubt someone was making a huge bearish bet the way the media was portraying it.

BWDIK. i'm just a conspiracy nut. but this smells.
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