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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001300.0%Nov 7 11:47 AM EST

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To: Janice Shell who wrote (3855)8/17/1997 6:31:00 PM
From: Glenn D. Rudolph   of 22053
 
Actually I've never checked. 10,000 seems to be the normal limit for extremely liquid equity options; don't see why it shouldn't be the same for the OEX, which is liquidissimo. Agreed. No point getting all the rule. I doubt I would ever exceed the limit<G> Imeant the NWX which I went back and edited. Yes, I suppose if I backed up my write with about 20M in cash they'd give me the green light. But alas... This is a problem most of us face which explains the instiutions writing the index options. By way, correct me if I am wrong, but I believe you would need $100M in cash for that position. I can tell you feel Brazil to be a safe haven. Hmmm...did not a lot of Nazi's hide out there or was that Argintina? Glenn
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