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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST
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To: Patherzen who wrote (6161)11/23/1999 10:01:00 PM
From: Gary Korn  Read Replies (1) of 10027
 
Patherzen,

To play the volatility, I bought shares at 43 and then sold the December 45 calls against the shares. That brought in an additional 4 points.

Come the third Friday of December, I'll either have sold the stock at an effective price of 49 or have bought the stock at an effective price of 39, which is about where I would begin to add anyway.

Gary Korn
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