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shoreco

07/20/04 11:18 PM

#272181 RE: Zeev Hed #272174

Zeev, The QQQ's traded 150k calls today vs 85k puts (Aug through Dec, no leaps)...

I agree the QQQ "call buying" is not that far fetched, but todays call buying was in the SPX...

Almost even calls vs puts and that index is usually 3 to 1 puts (IMO, this is the big hedging)...