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ajtj99

12/16/08 1:16 PM

#137323 RE: RCKS #137319

I make current Max Pain out to be around 88 SPY and 29.4 QQQQ. We've basically hit it, and like you said, they're burning premiums.

I can't recall playing leap options on more than one occasion. Are you sure they expire on the 31st? I thought they expired at normal expiration.