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To: Jimbo who wrote (9586)2/3/1999 8:24:00 PM
From: k.ramesh  Respond to of 14162
 
the CBOE site shows a dlqBC as Dell 115 which sold for 79 today
obviously a mistake.
dell closed at 107 odd today. so what could sell for 79 and expire Feb
20th , something that is atleast $60-$70 in the money that would be a dell 40.
But may be it is the pre split dell @ 115, I dont remember if they split 2:1 then that would make sense, post split that would be 2 * 57.5 (ie deliver 2 00 shares at 57.50)
or so , that would be about 50$ in the money It still does not make sense.

RAMESH