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To: marc chatman who wrote (18870)	4/13/1998 11:59:00 AM
From: Lazlo Pierce	Respond to of 95453

If you guys believe we will rally this week, OSX calls might be a play. On expiration these have little premium (right now the April 110s are ~ 1 1/2, while the 105s @ ~ 3 3/4. OSX now ~ 107 1/2), and as we all have seen the OSX can easily move 10 points in a few days. Last month, during the expiration week we had the OPEC news, and the OSX went from the low 100s to the mid 110s. Sometimes a strangle here is a good play. Buy the april 105 puts and the 110 calls for example. All we would need is a move in either direction (which does seem to happen with great frequency). Just a thought (I was thinking of this last month just before the announcements.. oh well) Dave