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Strategies & Market Trends : Canadian Options

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To: Porter Davis who wrote (791)12/15/1997 9:28:00 PM
From: Jan Johnstone  Read Replies (1) of 1598
 
You're welcome, you're welcome, Porter. I wrote Calls on my Ballard equity position a couple weeks ago, when I thought the price was weakening(can't buy naked Puts in my RRSP). I don't have time to be a nimble trader so I didn't buy them back quickly enough.

I'm trying to decide what to do now, let my equity be assigned or shell out major bucks to buy-back my Calls. Any thoughts says the chicken to the fox ??

Jan
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