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Strategies & Market Trends : Canadian Options
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To: Porter Davis who wrote (447)5/21/1997 6:52:00 PM
From: william smith   of 1599
 
I can't recall but someone used NTL as a benchmark. Well a great day today gee up more than $6 on the day. Seems a bit of a big jump in one day. WoW! I waited until today on those NNC. I sold 1/3 of postion at 50.05 and bought those Jun 45 calls back. The prim. got kicked down to .70 cents (i love time decay) and sold 10 contract of June 50 and got 2.40 and 2.45. It sould be fun to see where this one goes. I'll be glad to sell at $50 since I got in low $40's. Will P.S. Porter thanks for the wisdom!!!
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