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To: GVTucker who wrote (96854)2/15/2008 4:23:54 PM
From: upanddown  Read Replies (1) | Respond to of 206326
 
GV

Thanks for that info on prohibiting shorts.

With 10,000 money-hungry hedge funds chasing every possible angle, ethics may currently be in short supply. I would think the SEC might be a little shorthanded these days for spotting this stuff.

Are there also prohibitions on bearish option plays (buying puts or selling calls)? Seems unlikely from the open interest for Feb/Mar. Apr is a different story with open interest on NTM calls about a hundred times greater than Mar. The Apr 20 puts also has over 10,000 contracts open.

John