---------------------- Forwarded by John Arnold/HOU/ECT on 05/04/2001 09:40 AM ---------------------------


SOblander@carrfut.com on 05/04/2001 09:31:27 AM
To:	soblander@carrfut.com
cc:	 
Subject:	option candlesticks technical paper


Several people have asked how to read the Carr Futures option candlestick
charts.
Attached is a research note discussing tracking and trading option
volatility.

(See attached file: Tracking and Trading Nat Gas Vols.pdf)


Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606  USA
Tel:  312-368-6149
Fax:  312-368-2281
soblander@carrfut.com
http://www.carrfut.com
 - Tracking and Trading Nat Gas Vols.pdf