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To: OX who wrote (28141)8/12/1999 9:18:00 AM
From: IQBAL LATIF  Respond to of 50167
 
Yes I trade SPU options you are right, and people are mixing it presumbly with SPX... the difference is the prem and SPX 1320 will relate to 1326-8 on SPU.. so price may be different but options on futures are more liquid and provide far better ability to sustain a move against you if they are running some stops. Which that inevitably do>. Thanks for clearing this but I will check right now with Ray..