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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP
SPLS 10.250.0%Sep 28 5:00 PM EST

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To: jim clabaugh who wrote (143)7/11/1997 5:35:00 PM
From: Nasty P   of 297
 
Jim,

Glad you didn't lose on ODP. I still have my put spread open. I need to close it @ 7/8 to break even including commissions. Right now it can be closed at about 1 3/16 or so.

There was a small pop in ODP in the last 15 minutes. Closed at high @ 16 7/16. At 3:59 the ask even reached 16 1/2. Not bad considering that it was @ 16 3/16 - 16 1/4 practically all day.

I'll have to make a decision over the weekend if I wanna be in ODP when they announce earnings on Tue. I think I may close it on Mon if it reaches my B/E point by any chance.

Good luck to you.
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