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To: Daflye who wrote (21301)6/4/1999 2:57:00 PM
From: broken_cookie  Read Replies (1) | Respond to of 42787
 
Here is some reading:

nasd.com - adobe
nasd.com - text if you don't have acrobat

From a quick read:
The rules are different than I remember. Position limits are 4500, 7500, 10500, 20000, or 25000 contracts (on the same side) depending on the equity. I didn't see mention of index limits. I also did not see what the criteria were for determining which limit applied to which equity. There are some broadening of these limits when option contracts are purchased as a hedge. FLEX option contracts are outside of these limits as well.

Have fun,
Rich

There were no limits imposed on the number of kidneys one could sell.



To: Daflye who wrote (21301)6/5/1999 12:50:00 AM
From: shag007  Read Replies (1) | Respond to of 42787
 
Daflye,

You said it "slightly cheaper"(about 6% if you consider 50% margin), why the July's then?

CC's? At 12:18 AMGN was trading at 59 3/4 to 13/16, that's less than 1/4 time premium for June and a little more than 1 1/4 for the Jan.

Still doesn't make sense to me.

Regards,

FDA