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To: Cynic 2005 who wrote (25964)	3/18/1999 8:35:00 AM
From: eddie r gammon	Read Replies (1) \| Respond to of 86076

Trade numbers just came in. A little more than they thought buy a Billion or so (g) erg

To: Cynic 2005 who wrote (25964)	3/18/1999 8:37:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 86076

i think they expire today at close at the open price tomorrow. (edit: depends some in each category...) phlx.com

To: Cynic 2005 who wrote (25964)	3/18/1999 9:08:00 AM
From: Defrocked	Read Replies (3) \| Respond to of 86076

Last day of trading for Mar OEX options is close of business Friday Mar 19. SPX options end trading at close of business today. These are CBOE options and further info can be found at their website. Options on futures at the CME have another set of rules. Go to the CBOE website or talk to your broker. These are important details as time decay can kill any premium quickly. I don't want to sound unkind or pompous, but anyone doing expiration plays should know these answers before placing such a short term trade. It's as important to know when and why to get out as it is to understand the reasons for opening the position. I have found through experience its harder to know when to get out of a trade than to initially placing one. I plan to exit the Mar puts before the 4pm EST close on Friday and potentially roll into deferred positions as I currently desire protection over the weekend. Good luck and be careful. :^)