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To: Walter C. who wrote (907)4/29/1998 10:57:00 AM
From: David Klein  Respond to of 3873
 
If you go to this site it might help

cboe.com



To: Walter C. who wrote (907)4/29/1998 7:03:00 PM
From: Joe Williamson  Respond to of 3873
 
Walter, the comment was due to lack of volatility, not because it was dropping. Volatility causes premiums to be higher, regardless of the direction of the price.