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To: Oblomov who wrote (77)12/6/2000 10:51:38 AM
From: Tommaso  Respond to of 329
 
Yes that's right. So I guess the Euro has get to .95 for me just to break even on the trade. Of course if the dollar gets volatile that might increase the premium. It's really a pretty good bet for Merrill Lynch to sell these things to suckers like me. They probably hedge against any loss with some much cheaper derivative.



To: Oblomov who wrote (77)12/14/2000 5:12:57 PM
From: Tommaso  Read Replies (1) | Respond to of 329
 
OK, you are the guy to ask.

Does this mean what it looks like?

Or is this "ask" for the December 2000 Euro contract just a temporary artifact of the quote service?

cme.com

(Top right column now. Earlier it was showing a +3.5)