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Pastimes : Home on the range where the buffalo roam

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To: horsegirl48 who wrote (8890)8/23/2002 2:09:01 PM
From: Sig  Read Replies (1) of 13815
 
Re: cc's and options
Do you mind giving us some clues as to what range you are working in?
I sold the Dell Jan 30's which are down 0.35 at 2.15
Also the Jan 20 Intc's which are down 0.30 to 0.45
Allowing maybe $8 for fees( depends on quantity), then the profit would be $22 to $27 per option
That dont seem like much, although the Intc would be a healthy profit in percentage.
I dont plan to buy the Dell cc's back unless the stock drops to maybe 24 - thinking they will expire worthless for another $2.15 profit.
But the Intc's are about as low as they will go, so perhaps you would buy them back at this time?
Sig
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