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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

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3:59 PM EST

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To: Nazbuster who wrote (15512)	9/30/1997 11:36:00 AM
From: Greg Jung	of 61433

Daniel, I have bought puts/calls, but have not written them. How do you "close out" a written call? If someone is holding the option, how do you get out of the obligation? There are four way to buy/sell options, "buy to close","buy to open", etc. If you are short a call you would "buy to close".

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