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Carry-Over May Put Fly Buyer


Variety Of Put Trades


Possible Release Of Runoff Plan Outline?

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CABLE: Rate falls further still, extending losses below the 100- and 200-dma to
hit the lowest levels since mid-February. Markets continue to shy away from GBP,
but moves still don't follow any specific headlines. Volumes have dried up
somewhat (particularly when compared to the surge in volumes at the NY
crossover), possibly helping heighten the move. Support may kick in at the
$1.2908 lower 1% 10-dma envelope as well as the 3% lower Bollinger band at the
$1.2900 handle.
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