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Technology Stocks : AOL Traders
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To: Yikes who wrote (65)11/14/1997 5:53:00 PM
From: IKM   of 94
 
Grabbing money on the table (time premium) with the Dec 80p, and more than happy to double up if assigned; you think AOL will find its way down from here with your short, if not Monday, eventually; and if it all goes to hell in a handbasket, you cut and run the third Friday in January. When you start closing your positions in the other two, your Jan 85c's will still have some time value left.
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