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Technology Stocks : Full Disclosure Trading
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To: Gottfried who wrote (7818)2/12/2004 10:26:49 AM
From: BWAC  Read Replies (1) of 13403
 
OT

<NVLS covered the Feb$35 puts @ $1.05 for a 22 cent loss.>

Why? Plan on rolling them to March and improving your position by about $1? Time premium would have eroded that 22 cent loss away in about 2 more trading days. And I'd say it almost certain that NVLS touches 35 for a brief second sometime between now and next Friday.
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