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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (842)8/30/2007 8:43:56 PM
From: stan_hughes  Read Replies (4) of 71456
 
I used to sell deep ITM calls myself as a way of ditching stocks when I wanted off something but didn't really have any near term need for the cash and could therefore wait until expiry to get assigned and receive the balance -- why not, you might as well get a little bit of extra value for the position by selling the call with a little time value instead of simply hitting the bid, and that extra value often more than covered the commish -- FWIW only, whatever

I've never really came to a satisfactory conclusion as to whether 990N was the Saudis or Nippon Inc. -- both have a motive that accounts for 990N behavior, and both have the $$$ stroke. I did however once ponder whether the 990 designation was assigned as a big inside joke on there being 990 Saudi princes -- that would be quite a good joke actually

Sometimes truth can be stranger than fiction

I am nearly beside myself wondering who the special victim is out there that will hopefully soon be revealed to at least partially explain all this credit crunch drama -- it's like reading a mystery novel without having any idea whether the story is going to end 500 or 500,000 pages later
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