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Post# of 704044
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Zeev Hed

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Zeev Hed

Re: Public Heel post# 45637

Thursday, 11/14/2002 11:14:16 PM

Thursday, November 14, 2002 11:14:16 PM

Post# of 704044
It is worth "their" while only if the volume of outstanding calls (or puts) is large enough, IMTO. More than 80% of all options expire worthless,so the naked writers can afford few "faux pas".

Zeev

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