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12/18/08 11:42 AM

#241874 RE: Grones #241851

interseting observation. in 12/2008 there are $57mm worth of $45 options. in 1/2009 there are $392mm at $45 and above with $129mm at $60. lots o folks expecting the price to be north of $45 with about 50% of those bets for more than $60.