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Technology Stocks : America On-Line: will it survive ...?

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To: Dave Doriguzzi who wrote (7252)2/9/1998 7:50:00 PM
From: Joyce Chen  Read Replies (1) of 13594
 
Because of the volatility, the option premium is pretty juicy. Why don't you sell these options to pocket the juicy premium instead of buying them? I am eyeing on July 100 call with bid at 20 1/8. If you are even more aggressive, you can write deeper in the money call with huge premium. We all know this puppy will go back to the ground someday, we just don't know when. So let time erode the premium.
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