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To: jay v. harper who wrote (4455)	8/21/1998 4:18:00 PM
From: James Hutton	Read Replies (1) \| Respond to of 8359

Interesting. 3,450 Aug 30 puts also traded today. Can any option gurus explain? Jon

To: jay v. harper who wrote (4455)	8/21/1998 4:22:00 PM
From: LTK007	Read Replies (1) \| Respond to of 8359

Yes you must have as I see about 690k traded at 15.75 after the bell- which indicates a double entry by the MM who makes the match--if we accept the double entry premise we had a 2x400k and 2x345 this week-- interesting.Max

To: jay v. harper who wrote (4455)	8/21/1998 6:12:00 PM
From: LTK007	Respond to of 8359

Jay here is a post from Yahoo thread from someone who seems to have assess to details of today's action ---now I got all excited about the 2X400k at 17.81 and bought only to have an OUCH! on subsequent ticker action--but here again we have another huge block---ah hope springs eternal:)Max Next -> Message 5454 of 5458 Reply 345,000 shares audieclare Aug 21 1998 4:48PM EDT The 345,000 shares were traded at 15.875, selling Marketmaker reported trade at 2:04 and the buyer(an other MM for a client) reported at 4:10. It was 690,000 shares reported, but the same 345,000. Price was at 15.875, not 15.75. After the market closes, volume is updated but not price.