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jdaasoc

02/23/04 11:59 AM

#208378 RE: Zeev Hed #208358

Sold short PUT on OVTI MAR 30 against short Calls $32.5.

I still got a boatload of stocks to write short PUTs on as prices come down in next 1-3 days.

Are we going to stick with 5-10% declines this week and then rally on high betas issues
or do we face the prospect of 3-4 weeks of grind it out down.