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To: Joss who wrote (6151)9/16/1998 4:00:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Hi Steve

Took a little hit on some sept puts today myself -- just had a few OEX puts -- sold 'em for 1/2 of what I paid on Mon.

I think we tank by October expiry, but most of my puts are Nov - Jan. I guess folks were expecting so much, no remark by Greenspan could hold it back. I can't find a convincing reason to buy anything -- I'll leave that to others who buy just because "it is going up."

Good luck.