Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rhet0ric who wrote (11237)	4/14/1998 7:44:00 PM
From: soup	Read Replies (1) of 213173

>One thing I don't understand (and this refers to Linda's response too) is how your options wouldn't get exercised. Doesn't the person who wrote them have to have either the shares on hand, or enough cash to buy them?< I think you have to give your broker instructions otherwise, if you take no action, they will expire worthless. I was pleasantly surprised that Schwab offered a "dead man's switch" arrangement. Regarding the decaying time value, I picked up mine a few days ago at 1 3/8. Now they are 2 1/8. With only a few days to expiration, there wasn't a lot of time value to begin with. I got these short-term units because I think earnings will surprise in the upside and there will be a pop in the stock price. However, I believe that there will be further good news over the next few months and don't want to sell off part of my core position. soup

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next