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Technology Stocks : WCOM

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To: mike thomas who wrote (11085)7/1/2002 9:11:26 PM
From: shortilong  Read Replies (3) of 11568
 
My situation is probably the most unique of all on this board. Once upon a time, when the market was doing well, i sold 10 LEAPS puts on WCOM at the $15 strike price. These contracts will expire in January of '03.

The broker i am with, IB, does not allow stocks that trade "over the counter" in the account.

The bottom line is, i'm sure i will be assigned very soon and will be the proud owner of 1000 shares at $15 for an electronic moment, at which point, my broker will automatically sell for them for zero .

Is there anyone here who can match that ?

Best of luck to us all, S Long
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