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Strategies & Market Trends : Options

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To: RocketMan who wrote (2664)2/10/2000 2:41:00 PM
From: 100cfm  Read Replies (2) of 8096
 
Rocket can't blame you much for selling your may calls, sure looks like the right move today.
My reason for not selling my mays is that Henry did say the deal will close by the end of april which means they will need Gov. approval at least a couple of weeks prior.
That should leave plenty of time for the mays to jump on the news. As far as I can see there is little time premium to lose.

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