Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: The Perfect Hedge who wrote (8284)	1/15/1998 3:31:00 PM
From: Rob Hinton	Read Replies (4) of 95453

Glen, Thread: Been following the thread for a month or so and am sitting on some DO calls that expire tomorrow and am not sure how to play them. DO reports earnings today (after close?) and I'm not sure how this sector responds the day after earnings. DO is up about 1 today and I have a profit of about 90% in the calls right now. So...the help I need is: 1. Sell today and lock in profit? 2. Hold until tomorrow if we close up today in expectation of a good earnings report driving price up? 3. Roll forward into Feb calls? 4. Close out position and pick up some Feb puts? TIA for helping a newbie. Rob

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