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Strategies & Market Trends : The OEX... gasp!
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To: gerardo nurse who wrote (396)1/16/1997 4:18:00 PM
From: Patrick Hartmann   of 658
 
Dear Gerardo,

I hope you didn't. In the short runup I scrambled to sell at 1/4, but forgot one little thing....I didn't click on the "sell close", so it went to the default of...you guessed it "BUYYYY". So after checking my Etrade messages for the sell, I found out I was the happy papa owner of 70 more crappy calls. Try getting rid of 140 dead calls at 3:55...it wasn't fun but managed to squeek out 3/16 before it went to 1/8....good lesson I learned "OEX....gasp!!"

Patrick
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