ari - look at the oil futures <a href="http://futuresource.quote.com/quotes/options.jsp?s=CL%20Q8&r=CL" target="_blank">http://futuresource.quote.com/quotes/options.jsp?s=CL%20Q8&r=CL</a> If this was a bubble, futures would already be at $80 or $90 bucks. Kipp