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To: Judy who wrote (9387)	11/3/1997 6:42:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 17305

Any action I have is in play, with new positions perhaps unadvisable. For my part, I would be uncomfortable shorting puts in what seems to be a weak market....This from my e-mail; OI.K> it's Monday morning and here is what the floor says about trader Vic. He filed bankruptcy himself last Wednesday.....lost his own net worth as well as the fund's..so he clearly put his money where his mouth was. Trades were combos...done both at CBOE and CME and apparently EVERYONE KNEW it was him and when he attempted to get out with the market in CHAOS he paid well over THVL to escape. Sounds very much like he needed a better brokerage relationship. Sounds like his broker needed a better customer relationship....RUMORED unsecured debit is larger than my ex-wife's net worth! Yikes My only point is, selling naked puts in an uncertain environment is not always the way to go.