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Strategies & Market Trends : Canadian Options -- Ignore unavailable to you. Want to Upgrade?

To: Patrick McDonagh who wrote (1025)	5/20/1998 4:42:00 PM
From: Frank Vessella	Read Replies (2) \| Respond to of 1598

Can anyone help me concerning Stock Options? I am a beginner with Stock Options, so please be patient. :-) This is only an example so the figures may not be right. If Stock ABC is trading at $50.00 Calls Month Strike Bid Ask Open Interest Jun 50 2.00 2.50 500 Jun 55 1.00 1.50 500 Puts Month Strike Bid Ask Open Interest Jun 50 2.00 2.50 500 Jun 55 7.00 7.50 500 Questions: 1) If all of a sudden you see a transaction of 3000 contracts of Jun 50 Calls at 2.50, what does this indicate? 2) If all of a sudden you see a transaction of 3000 contracts of Jun 55 Puts at 7.00, what does this indicate? Can someone please answer each question. Basically, what I am trying to figure out, does the volume and open interest give an investor any indication as where the stock is heading? If you also know of any site where I can get more info. concerning open interest and volume or options all together, I would greatly appreciate it. You can post the answers on this forum or you can email me the answers at frankv@iname.com Thank you in advance FV

To: Patrick McDonagh who wrote (1025)	6/1/1998 8:36:00 AM
From: Patrick McDonagh	Read Replies (1) \| Respond to of 1598

On Monday June 1, options will be listed on TIPS100 (Formerly known as HIPS). Strike price intervals are $1.00 and the minimum guaranteed fill is 10 contracts. Maximum spread commitments are as follows: Under $1.00 - $0.10 $1.00-$5.00 - $0.15 Over $5.00 - $0.25

To: Patrick McDonagh who wrote (1025)	8/4/1998 12:50:00 PM
From: Patrick McDonagh	Read Replies (2) \| Respond to of 1598

TSE Derivative Markets has made improvements to the options and futures section of the TSE web site - tse.com To access the options and futures page, go to tse.com and click on "Investor Services", then click on "Options & Futures". Or click on tse.com This will take you to the dedicated options and futures page. New to this page are the booklet "Introduction to Exchange-Traded Options & Futures", and the Spring 98 edition of the newsletter "In The Money". Additional features and announcements will be added to this page soon, so please stay posted.