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To: Dave who wrote (17257)10/27/1998 2:10:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Re : are you saying that the options markets have gotten more efficient ?

No, not at all.

What has happened is that the "suckers" out here (and, I (unfortunately) do count myself amongst them) collectively got sick and tired of p*#%ing away their hard earned money on options transactions, and the volume that Wall Streeters could be on the "other side of the trade" - of just started not being there.

(You may have noticed that the CBOE has started an aggressive publicity campaign to try to lure us back in). (Complete with a video tape that (I think) actually talks about saving for children's college tuition on the same tape as talking about listed stock options !)

Jon.