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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: anniebonny who wrote (100225)	8/25/2007 12:53:15 PM
From: The Street	Respond to of 122087

Does sound like a movie... It would be part II...

To: anniebonny who wrote (100225)	8/25/2007 5:32:32 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 122087

The core fact is accurate enough: there's a current open interest on SPZIT, the September 700 calls on SPX.X, of 61,730. It's just the interpretation of that fact that's whacked out. Put briefly, the assertions: No one would buy that deep "in the money" calls. No reason to. and The entity or individual offering these sales can only make money if the market drops 30%-50% within the next four weeks. are simply false, and so the rest of the speculation stemming from them is pointless. I can go into the math if need be but I don't want to bore.