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To: Bilow who wrote (81462)10/21/1999 8:18:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
It looks to me that KIS is going to lose some of his option premium, but his observations about level 2 and blocks
going by is consistent with my own experience. You really can't go all over the guy for referring to what you see on a
level 2 market maker box as "level 2". I would surmise that he either trades at a direct account, or, more likely, gets
his quotes from PCQuotes.


Carl,

The most likely case is he lies.

Glenn