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Technology Stocks : Full Disclosure Trading

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To: BWAC who wrote (8528)3/22/2004 4:09:48 PM
From: Sam Citron  Read Replies (2) of 13403
 
OT It sounds like much of the "stickiness" I referred to earlier may be due to time premium being more of a component of the option's value than its intrinsic value at this stage of its life with 4 months remaining.

Does that sound right to you?

What is your contingency plan under the two scenarios you have imagined?

You mentioned earlier that you expected: "KLAC moves up 60 cents to $49.60, but the Put only drops 30 cents to $4.20" Would you unwind both legs there if that happened, or let them both run, or lift one leg? How do you decide?

Sam
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