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Technology Stocks : PRI Automation (PRIA)

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To: orkrious who wrote (810)9/21/1999 11:13:00 PM
From: Ian@SI  Read Replies (1) of 1214
 
They expired worthless, I have no extra shares, and the underlying ran away from me while I waffled.

I did get to keep about $5K worth of premium; at least until next April when Revenue Canada suggests that I give them their share. :-(

Similar story with my MTSN Puts which I shorted. Except I kept a little more Premium; and already had as large a position as is reasonable for a very aggressive bull on that stock.

So now I just have some Jan 12.50s outstanding for MTSN. And right now the chance of those getting assigned appears to be very close to zero. I tried to scalp about 11k worth of Premium a couple weeks ago but the specialist only filled 1/2 my order before dropping the bid substantially.

I trust you just added to your position and are quite pleased for having done so.

Ian.
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