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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (626)2/25/2004 1:12:33 PM
From: yard_man  Read Replies (1) of 116555
 
will you unwind if they go deep enough ITM that the premie is cut in half? and where would that be 98.35 or 98.40?

I guess you probably don't think in terms of total position and are hoping on the calls to decrease in absolute value and not premium ... but you should consider unwinding at a profit as rates drop.

I guess your follow-up plan is to wait for an uptick in rates and buy the calls back, keep the futures longer term (relatively speaking??) -- so you are just shorting calls with temporary protection of owning the contracts??
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