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RE: DJX OPTIONS



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Dow options traded 50,000 contracts yesterday.  Good mix of retail and
institutional.  Still surprises me the institutional interest.  The
WYSWYG system held up in DJX.

Just a reminder...the OEX splits 2 for 1 on November 24th.


Vix closed in the 30 area....about the same as the high for the year
prior to the last couple of days.  VIX of 30 means the ride should still
have a number of sharp curves.

DJX seminars in Houston tonite....Thursday and Saturday morning.