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To: fut_trade who wrote (4060)	12/12/1997 8:11:00 PM
From: fut_trade	Respond to of 27307

RE: BLOCK TRADE UPDATE DATE VOLUME BLOCKS CLOSE -------- ------ ------ ------ 12/12/97 9115 6 59.500 12/11/97 10907 9 58.625 12/10/97 9227 2 58.875 12/09/97 17186 13 59.312 12/08/97 19266 24 59.625 12/05/97 16210 15 56.250 12/04/97 6258 2 53.812 12/03/97 5900 1 53.875 12/02/97 9695 1 54.875 12/01/97 10349 4 54.000 STRIKE CALLS PUTS ------ ----- ----- DEC 35 10 282 DEC 40 42 332 DEC 45 216 661 DEC 50 1329 886 DEC 55 1599 932 DEC 60 1038 331 DEC 65 227 20 MO: If we close at 60 the puts are worthless, but the calls with 50 & 55 strike prices have value. Perhaps the DEC 50 & 55 calls have been shorted? Too much??