Options

fyi
----- Forwarded by Elizabeth Sager/HOU/ECT on 05/02/2001 10:18 AM -----

Melissa Ann Murphy
04/30/2001 04:05 PM

To: Elizabeth Sager/HOU/ECT@ECT
cc:
Subject: Options

Hello, attached below is an example of a monthly option and a daily option.
The only difference being one is exercised once a month and the other is
exercised daily. The times that options are exercised varies by delivery
point and whether the option is daily or monthly. We can send you a list of
these rules if needed.

Let me know if you need anything else.

Thanks,
Melissa
3-1886