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To: chenys who wrote (19209)7/15/1998 6:19:00 PM
From: Glenn D. Rudolph  Respond to of 45548
 
I was told that most of the money made on option
are short contracts, does it mean that MMs made all the money from the option
"gamblers"?


The MMs make all the money on the option gamblers. Look at the profits of the brokerage house for whom they work.

And we have ample evidences. Just look at AOL, AMZN, etc. They are all the same story
-- price manipulation based on option expiration, unless any unexpected adversity
happened and these MMs just had to spit out some of their gains!


Occurance is not proof. How it comes to occur would be. This has been going on for years. I doubt it will stop now.

Glenn