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Pastimes : Ask Steve
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To: hpeace who wrote (4686)2/25/1998 3:51:00 PM
From: Nazbuster  Read Replies (1) of 4749
 
Steve,

I'm still sitting on 16 ASND99@30 calls and 3 ASND99@40's and wondering what you would recommend. With both having so much time premium, I'm only getting partial run-up for every dollar of stock run-up, even the 30's where I'm well in the money.

I still hold 600 shares of ASND and will do so until mid- to high forties. What would you recommend for the calls I own? (Keep in mind I do not have a margin acct and can't do uncovered options or spreads.)
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