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To: Janice Shell who wrote (1914)	12/8/1997 10:22:00 AM
From: John H.	Read Replies (1) \| Respond to of 2563

J Looks like the S&P mechs are going to be on the money again; the OEX went for an early morning dip and now it seems to be pulling back up. I wonder waht data source/software R is using to chart this stuff. It's really kind of amazing. 32 contracts of TY 30 puts (and calls) moved this morning. Looks like somebody took his advice. Gotta say, I asked 2 brokers and nobody could see how you could get nailed on the hedge as he laid it out. j