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Strategies & Market Trends : Tech Stock Options

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To: Dave Triplett who wrote (35371)2/23/1998 3:12:00 AM
From: MrBluff  Read Replies (2) of 58727
 
Dave, your puts were in the money. Schwab did you a favor. Just buy back the stock Monday morning and keep the $500 (less commissions).

Your other choice would have been to sell the puts Friday for $15/16. To do nothing is to leave money on the table. Think about it.
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