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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Jerry Olson who wrote (3966)9/11/1998 9:43:00 PM
From: majormember  Read Replies (1) of 44573
 
Thanks O.J.,

Currently holding two puts firmly in the money:

FP Sept 22 1/5.....now 15 5/8
TERA Sept 7 1/2....now 6 11/16 (should tank more next week)

FP is 7 X 7 1/2.....if I put in market order now, would
I get the $7 bid which is only 1/8 of premium.....also,
do I need to notify my broker or does it "automactically"
convert to shares on expiration date close?

Thanks for the help........Regards, Skane
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