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Strategies & Market Trends : Is TOTAL SERVICE SYSTEMS (TSS) overvalued ?
TSS 133.27-1.0%Sep 17 5:00 PM EST

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To: Q. who wrote (9)3/18/1997 9:13:00 PM
From: chester lee   of 43
 
For TSS Puts

Apr 25 puts (TSSPE) 1/16 x 3/16
MAy 25 puts (TSSQE) 1/4 x 3/8
Aug 25 puts (TSSTE) 3/4 x 1

***** Not a whole lot of premiums

For TSS Calls

Apr 35 Calls (TSSDG) 3/16 x 5/16
May 35 calls (TSSEG) 1/2 x 3/4
Aug 35 Calls (TSSHG 1-7/16 x 1-11/16

John, I don't see enough premium in the options prices to bother to write any of these. The writter is exposed to a long period of time where anything may happen for very little premium dollars.

Chester
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