Message-ID: <33483356.1075853412502.JavaMail.evans@thyme> Date: Wed, 2 May 2001 03:19:00 -0700 (PDT) From: elizabeth.sager@enron.com To: carol.clair@enron.com, marcus.nettelton@enron.com Subject: Options Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Elizabeth Sager X-To: Carol St Clair, Marcus Nettelton X-cc: X-bcc: X-Folder: \Elizabeth_Sager_Nov2001\Notes Folders\All documents X-Origin: Sager-E X-FileName: esager.nsf 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