Option GEMS - Hot Options in Booming Companies... Message Board

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Strategies & Market Trends : Option GEMS - Hot Options in Booming Companies...

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To: finfan who wrote (199)	8/1/1997 12:19:00 AM
From: Jenna	of 396

WLA,G..I've got the Gillette 100's for October and August WLA...I'm down 24% on WLA after I was up 40% after earnings report... I learned that volatility usually disipates after earnings and decay sets it...I will not sell however, because I have seen options coming back from the 'deadzone' literally 1-3 days before expiration. My Gillette is down 20% as well but I hope for a split before October expiration...I would also like someone to comment on your question...I will say however, I have never had an option expire worthless..with WLA having such good earnings... why sell? But we need other opinions.

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