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To: At_The_Ask who wrote (35426)	3/28/2002 4:48:52 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

I have not heard of that. Doesn't mean it ain't so of course.

To: At_The_Ask who wrote (35426)	3/28/2002 4:52:30 PM
From: Nathan	Read Replies (1) \| Respond to of 209892

That is true but only applies to large blocks, large enough to be a certain percentage of the total contracts. Cannot remember specifics. I have bought and sold within 15 minutes. Small amounts of course.

To: At_The_Ask who wrote (35426)	3/28/2002 10:31:12 PM
From: ajtj99	Respond to of 209892

There is a new option rule that says you can't place orders within 20-seconds on the same securities( I believe) of eachother. I guess computers have been playing havoc with the option MM's, I was told. I got a phone call on that a few weeks ago when I placed a couple of orders that cleared way quicker than I thought possible.

To: At_The_Ask who wrote (35426)	3/29/2002 11:41:09 AM
From: UnBelievable	Respond to of 209892

The General Rule 2. It is a violation of U.S. option exchange rules for a customer effectively to act as a market maker by holding itself out as willing to buy and sell securities on a regular or continuous basis. In determining whether a customer effectively is operating as a market maker, the exchanges will consider, among other things, the simultaneous or near-simultaneous entry of limit orders to buy and sell the same security; the multiple acquisition and liquidation of positions in the security during the same day; and the entry of multiple limit orders at different prices in the same security.