SPYG in the mid-teens Message Board

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Technology Stocks : SPYG in the mid-teens

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To: lloyd bashaw who wrote (218)	5/9/1998 6:46:00 PM
From: paul goldstein	of 219

LLOYD, SPENT LAST TWO HOURS DECIDING WHAT IF.... for fun only...what would you do sold may 15 puts short..means they put it to me at 15 next friday at 4 p.m. sold the june 12.50 calls short..means sold them without the stock..naked sold the june 15 puts short. meaning they put it to me at 15 bought the june 15 calls to protect a move over 15 against my shorts stock stays at 12 ..fine if we see 14 by tuesday what would you do? forget the costs involved just the move that is best if stock is 12, 13, 14 15 next week i like a move to 15 so i do not have to buy the may 15 puts then after expiration in may.. a move to 12.50 and buy back my 12.50 short calls then a move to 15 before june expiration and keep the june 15 put money i can dream can't i??<grin>

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