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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Big Dog who wrote (19755)4/20/1998 6:21:00 PM
From: drsvelte  Read Replies (2) of 95453
 
I've been selling CCs on ESV. MDCO, and SESI to good effect. I while back I sold ESV Jun 35s for 3 3/8 and bought them back at 3/16 when it swooned. That is a mighty nice reduction in NUT.

Question for Steve, His Doggieness, or anybody: What happens when an underlying that you have written on splits? Do the calls "split" into double the contracts???
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