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To: SusieQ1065 who wrote (68375)	8/18/2002 5:34:01 PM
From: Nancy	Read Replies (1) \| Respond to of 208838

Susie, as i posted before, are you sure it is a sell to close on those puts ? it could be buy to close, then they made a cool 8 millions. i really feel those puts were sold short to rake in premium as i see no reason to buy dec put if they were to hedge for 911 anniversary.

To: SusieQ1065 who wrote (68375)	8/19/2002 1:04:36 AM
From: bbgold	Respond to of 208838

Hi Susie, Glad to hear that you were able to Profit from them. That is what is Tough about Index Options, it does not take a lot of movement to make them a Profit or a Loss. Being on the Right side of the trade is what is Key. Wow, so you think that the trade was equal to 8 Million dollars? I will be sure to let you know when I lock in That kind of a Profit as I Know I could not afford 1/1000 of that kind of Loss <GG>. Amazing that someone could afford to Gamble at that level Eh? Good Luck SusieQ! :^)