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To: ibrandybuck who wrote (52010)8/13/1998 1:57:00 PM
From: Spaw  Respond to of 61433
 
IB,
The trades are on my screen.
Call your broker and ask.
The 1000 puts went off in one trade on the AMEX. Today.
The reason it is bearish is the MMs also sold 1000 calls. Today.
If you don't know, this is called a bear spread.

--spaw--



To: ibrandybuck who wrote (52010)8/13/1998 2:20:00 PM
From: Spaw  Respond to of 61433
 
IB,
Sorry, I used the wrong term.
It is not a spread, but a straddle. The dates and prices were the same. My error.
Still bearish, though.

--spaw--


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