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To: bRiAn who wrote (25419)9/10/1998 2:07:00 PM
From: risk-averse  Read Replies (3) | Respond to of 50264
 
Looks like we are moving up ver y fast now!
MMs are taking turn jumping up on the bid now as buy orders are coming in.
Perhaps we will have a repeat of last week, when the price went up almost 100% from the intreaday low????



To: bRiAn who wrote (25419)9/10/1998 2:09:00 PM
From: paulmcg0  Read Replies (1) | Respond to of 50264
 
Actually, it's true - I hold option put contracts on both the S&P 500 (SPX) and the CBOE technology stock index (TXX). Both of these are traded on the Chicago Board Options Exchange (http://www.cboe.com/) . Derivatives are a lot more volatile than the underlying stocks.


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