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To: pater tenebrarum who wrote (108980)6/15/2001 11:49:35 PM
From: Stock Farmer  Read Replies (1) | Respond to of 436258
 
Heinz - since I don't understand the "vagaries of delta hedging" and what they dictate, can you give a quick practical example? Let's say CSCO has OI on 130,000 PUTS in the money at stikes 17.50 and above (conversly a whole 6000 calls ITM on strikes 15.00 and below).

Am I right one should expect to see demand surge and therefore possible upward price blip?

TIA

John