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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Cynic 2005 who wrote (45622)6/8/1999 12:00:00 PM
From: Mark Ivan  Read Replies (1) of 86076
 
Mohan,

I am now thinking that we may close around 75 or so for June expiry. Those 6MM shares short are menacing, but the options are not so bad. I was looking at the June 80 Puts (ask=2) but think I'll wait until we see how today finishes. If we get one more huge lunge up tommorrow AM, I may jump into the June 85's or 90's.

Mark
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