Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.750

-14.5%

Dec 5 9:30 AM EST

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To: md1derful who wrote (1017)	2/13/1998 2:57:00 AM
From: Steve Fancy	Read Replies (1) of 22640

Hello Dr, looks like you're doin great on those leaps. I still have Feb 110P and Mar 95p positions open that I plan to buy back in the next couple of days. Keep putting in low ball bids and my bid keeps coming up, but never goes through. Kinda stupid tying up a ton of margin for a 1/2 point. I was going to sell ITM MAR 115 or 120 puts a week or so ago when the stock was at 112, but didn't want to open up another position and couldn't bring myself to buy back at 1-2 as they were going for at the time. Oh well...anxious to open some new positions in MAR and APR options. Will probably wait until after FEB 18 when Brazil options expire if the stock shows any signs of weakness in the next few days. Regards, sf

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