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Non-Tech : The Critical Investing Workshop

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To: RR who wrote (16807)4/28/2000 4:48:00 PM
From: Dealer  Read Replies (1) of 35685
 
Hi! rr5

Here is what I started doing today: I think you might be proud of me and then again ya never know: Been trying to pay attention. I have been getting just a little spooked about my July calls.

I am in the process of selling my July 165 calls for the October 120 calls. Started today:

Sell 100 contracts July 165 options for 3 5/8 + 36,250 divided by 19 3/4 for October 120 calls = 18 contracts.

At todays closing:

July 165 options were up 9/16 X 100 contracts =5625

October 120 options up 4 x 18 contracts = 7200

I will make more in the October plus the time I will gain.

dealer (wishing she had moved sooner)
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