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The DOCTOR wrote:
Ira,
You can close them on other exchanges. Except for index almost
90% is multiply traded. Just to be clear that is 90% of the O.I.
Ira Tunik wrote:
> Here is that 3% factor at work again. Close the exchange and
stocks are still trading. Those who are naked short options are at
a real risk if volatility increases greatly or if the strategy was to cover
based upon a stop in the underlying. Ira.
>
> The DOCTOR wrote:
>
>>
>>
>> CBOE Investor Services wrote:
>>
>> > To un-subscribe from this list, send a blank reply
to this message. To un-subscribe from all CBOE e-mail lists, reply
to this message and type "all" in the subject line, then click send. For
all other e-mail correspondence, visit the following web address: http://www.cboe.com/exchange/e-mail.htm.
>> >
>> > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~Sponsor~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>> > TRADE OPTIONS IN YOUR IRA. Long calls, long puts and spreads.
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>> > minimum SEPs IRAs, 401k rollovers & Roth IRAs. Short equity
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>> > secured. $1.50-$5.90 per contract. Free online real time quotes.
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>> > Discount Brokerage-Chicago. http://www.stockoptions.com/info/Benjamin&Jerold.htm
>> > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>> >
>> > FOR IMMEDIATE RELEASE
>> >
>> > ALERT: CBOE Announces Halt In Trading
>> >
>> > CHICAGO, February 7, 2000 - The Chicago Board Options Exchange
(CBOE) announced a halt in trading at 9:03 A.M. this
>> > morning. The trading halt remains in effect until further notice.
>> >
>> > CBOE, regulated by the Securities and Exchange Commission (SEC),
is the pioneer of listed options and the world's largest
>> > options marketplace. For additional information about the CBOE
and its products, please visit our web site at
>> > http://www.cboe.com.
>> >
>> > For an archive of CBOE Press Releases, visit the following web
address: http://www.cboe.com/exchange/newsanno.htm.
>>
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