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Dr OEX,
on Monday you made mention of the following trade...
I know that in some ways this is a pretty stupid question.. but
considering that the volatility is creeping up again.....
Am I to assume that since they sold the 60 Vols that they have bought
them back at a lower price??
...by the way Natwest made $50 Million in the SPX on both
Monday and Tuesday of crash week in the house account...somebody other
than the floors was selling the 60 vols.
Don Thompson
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