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Non-Tech : Cityscape Financial (CTYS)
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To: Rational who wrote (1034)10/17/1997 6:03:00 PM
From: lisa   of 2544
 
Sankar,
What to do, transfer your shares to rapidtrade.com they will sell the options for you for 24.00 plus 1.00 a contract.

You are writing the calls, not buying them, so you take the cash and run, this way we can cut the volume of the stock and cause a tighter squeeze, this is a once in a lifetime opportunity.

Personally i am going to try to sell the January 7.5 calls for around 2.00 dollars that way theres no tax consequenses for 1997, and you get 7.5 dollars for every 4.0 dollars you invest 6-2=4.
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