From: Greanncone@aol.com
Sent: Tuesday, September 02, 2003 7:05 PM
To: rule-comments@sec.gov
Subject: Re: BOX - SR-BSE-2002-15
    Dear Securities and Exchange Commission,
    I heartily support the Boston Options Exchange and the Price Improvement 
Period (PIP).  As a retail options trader, the current 5 cent pricing increments 
strike me as artificial and designed to benefit the members of the options 
exchanges.  Why should an option have a (for example) .05 bid-.10 ask mandated 
spread?  Would anyone expect to trade a stock with a $50 bid- $100 ask price?  
Like the decimalization of the stock market, I think this is an idea whose time 
has come and will help the retail trader.  Sincerely, Gregory Cone