The ultimate play:STRADDLES on earnings announcements. Message Board

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Strategies & Market Trends : The ultimate play:STRADDLES on earnings announcements.

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To: Robert Sherman who wrote (78)	5/20/1997 1:01:00 AM
From: Richard J. Byrd	of 140

Bob: Great, Let's see if some good folks will join us. I've recently done several OEX straddles and profited on all of them, but it drives me crazy to figure out how to unwind the position. If you think the mkt will oscillate around without a net gain up or down you do one thing, but if you believe it has taken off in a direction you'll do another. Choose wrong and you're skunked. Any thoughts on unwinding the straddle? Dick

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