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To: frank/fla. who wrote (10865)3/14/1998 12:16:00 AM
From: gosix  Respond to of 25814
 
About those Put options,

Could the 1600 April 25 puts have been someone selling at 4 to close out a position. About a month or less ago when we were closer to 25, someone bought about 1200 or so April 25 Puts for about 2 each. Anybody else remember this?



To: frank/fla. who wrote (10865)3/15/1998 4:06:00 PM
From: shane forbes  Respond to of 25814
 
Frank:

Smart money buys at the end of the day don't they? Maybe something leaked - perhaps a big contract of some sort - yeah I'll dream!

Shane.