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To: patron_anejo_por_favor who wrote (122842)9/17/2001 2:45:30 PM
From: Tommaso  Respond to of 436258
 
And they are undervalued! They are apparently selling today at or below the actual automatic exercise value--which has never happened before. At least this was true the last time I calculated it. So anyone who wants to bet against the dollar can do so with no time premium. I already have more money in them than is prudent.



To: patron_anejo_por_favor who wrote (122842)9/17/2001 3:12:15 PM
From: Tommaso  Read Replies (1) | Respond to of 436258
 
Also the volume is gargantuan in terms of what usually trades (EUN/WS).

Incidentally, is today shaping up for the biggest point loss ever for the Dow? I think 1987 it was just over 500 down.