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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 88.13+1.0%Nov 21 9:30 AM EST

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To: MileHigh who wrote (7272)9/18/1998 10:42:00 AM
From: jopawa  Read Replies (1) of 93625
 
MileHigh,

Last question. Let's say RMBS stays at 50 on the second Fri of Oct. You however are nervous about the next week, and you don't want to risk getting called away if RMBS explodes. You could then go and buy back your call at a much cheaper price and pocket the difference, and avoid the possibility of the stock getting called. Correct? Is that what you normally do, or do you always ride it out to the end?

John
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