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Non-Tech : C (Citigroup)
C 101.85+0.2%9:32 AM EST
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To: Doug Bean who wrote (67)3/12/1999 4:01:00 AM
From: EepOpp  Read Replies (1) of 259
 
hi doug,

i hope you don't mind me butting in but i had a thought. what about trying OPM (other people's money)? you could sell all of your June 65 calls, use some of the profits to buy the June 70 calls for something between 3 and 3 3/8 each. that way, even if C collapses, you still make a profit. and at the same time, you can continue to participate on any upside that the stock might have.

or sell half your position and then none of your original principal is at risk.

good luck in whatever you do,

Will

ps. i'm still trying to figure options out so don't let me persuade you to do anything.
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