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Pastimes : Ask Mohan about the Market

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To: IceShark who wrote (6663)	10/30/1997 9:51:00 PM
From: Cynic 2005	Read Replies (3) of 18056

Dan, re. NDZ XL - I closed a 2/5th for total cost + a small profit. I will let the oter half ride for acouple of weeks in to Nov for a possible BK. I had an order since 2 PM or so for 5 1/2 (at the ask) and towards the close I changed it to bid @ 5 1/8. I was surprised to see such a huge premium for so far out of the money puts. I am not complaining. -g- -Mohan

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