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Politics : Ask Michael Burke
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To: upanddown who wrote (34642)10/27/1998 3:28:00 PM
From: Cynic 2005  Read Replies (1) of 132070
 
John, I would suggest the following. If you have enough cash, first sell the stock short at market and immediately execute the call. You may end-up paying a commission for two trades. Of course, you first have to do math reg. which is optimum - i.e. selling the option at bid or the strategy I suggest. Placing both orders at the same time will help
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