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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ed Pittman who wrote (9192)11/5/1997 6:32:00 PM
From: Defrocked  Read Replies (2) of 94695
 
Ed, how can you buy puts on INTC at 45% implied volatility and
say OEX puts are too expensive at 30% or less? I guess you could
be intuitively trading some relative breakdown or gamma play not
priced by the market...I was just curious as to your logic.
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