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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.32

+0.9%

Jan 22 3:59 PM EST

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To: Elroy who wrote (74549)	11/10/2007 9:44:06 PM
From: Sr K	Read Replies (1) of 77400

I just guessed you knew or heard of SPY, but I was careful hot to write "I'm sure you know" when I chose the words "I believe you know". SPY was the first and QQQ for Nasdaq followed soon after. Later the QQQ started to trade on Nasdaq so its symbol changed to QQQQ. Now there are also options on the SPY and on the QQQQ. For anyone who looks at the most active "stocks" listing, these are almost always at the top or very near the top. For anyone looking for options on the broad market, these have high volume and they trade in $1.00 strike price increments. There are special rules that define what qualifies as "covered" when selling them.

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