Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Shtirlitz who wrote (1602)	8/17/1999 12:05:00 PM
From: RoseCampion	Read Replies (1) of 2241

Shtirlitz, that was a great question - I'll look forward to hearing the answers. But I have a few questions of my own - - The IRID options are still trading, correct? - What did your puts do after the Ch11/trading halt? Did they continue to go up in price and/or then level out? - Do you want to exercise the options for tax reasons, or because you expect the stock to go down further after it resumes trading? (Could a case be made for a 'take the money and run' strategy now?) Just curious - thanks again for the question, and congrats on a great option play in any case. -Rose-

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