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Technology Stocks : Wolf speed
WOLF 17.20-0.8%Nov 21 3:59 PM EST

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To: RocketMan who wrote (1923)2/8/2000 5:45:00 PM
From: SecularBull  Read Replies (1) of 10713
 
Rocket, that's a good question. I think that you need to determine where you think the stock is headed first. Off-hand, I can think of one reason to exercise now: you want to increase equity and/or decrease options in your portfolio.

Without looking at it, I'm sure that there is still some premium in the Jun $85s, so until that's gone, you don't have any overwhelming need to convert from that angle.

I try to set up my options positions in such a way that I can sell 1/2 and exercise the other half with the proceeds. It is possible to do better, but I'm not usually that greedy. If you're in a position to do this now, you might think about it.

I think that CREE's got room to go in the short term, so I'm not looking touch my calls just yet.

Hope this helps.

LoF
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