Options Message Board - Msg: 13685051

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Strategies & Market Trends : Options

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To: Dr. Id who wrote (7783)	5/11/2000 12:42:00 PM
From: Tom K.	of 8096

...I just had an "interesting" options related experience...has anyone else had this happen?.... Well, talk about timing. I got a call from the broker yesterday that my Jul 90 MSFT were put to me. First time this has happened. I was expecting to wait and roll out as the time premium dropped. Interesting that it occurred in two different accounts at the same time and not for the full amount in either account (16 out of 20 in one, 9 out of 20 in the other). Guess that has something to do with the broker's methodology for distributing the shares. My net was 81.5, so I'm down about 15 on these. Since I'm comfortable with the stock, I'm going to wait a bit as my chart reading says there may be an upward turn, and then I'll start a CALL selling process to recoup the loss. It's slow and tedious, but I really hate losing money. So it happens to us all, JDB. This market is full of surprises. Tom

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