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To: lifeisgood who wrote (192710)9/19/2002 1:53:52 AM
From: Gersh Avery  Read Replies (2) | Respond to of 436258
 
Hmmmm .. so shorting some of those puts should be easy money .. correct?



To: lifeisgood who wrote (192710)9/19/2002 7:24:20 AM
From: sandeep  Read Replies (3) | Respond to of 436258
 
I think the 2million must be including all the outstanding puts - not just traded over the counter and not only for Sept. There are only 17000 puts outstanding for sept over the counter.

finance.yahoo.com



To: lifeisgood who wrote (192710)9/19/2002 9:10:35 AM
From: mishedlo  Respond to of 436258
 
Schaeffer said there are some 2 million puts with a 20 strike.

not exactly.
What he said was "representing 2 million shares" or something to that effect.

He phrased it very badly and I had to look it up.

There are 20K PUTs representing 2M shares.

M



To: lifeisgood who wrote (192710)9/19/2002 9:45:25 AM
From: yard_man  Respond to of 436258
 
that's too beautiful ...


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