Enron Mail

From:v.weldon@enron.com
To:mark.schlueter@enron.com
Subject:Re:
Cc:
Bcc:
Date:Tue, 9 Jan 2001 02:27:00 -0800 (PST)

Check out NOK Feb 55 puts, NZYMK.X They are up 4-5/8 while NOK is down
4-5/8. 2932 contracts out wth 24 traded today so liquidity shouild be OK.

Buy 400 ERICY for ~$4000 and one NOK put contract of NZYMK.x. That should
give you a delta on NOK equiv to shorting $4000 of the stock.

Did I figure this right?