Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: freeus who wrote (378)	4/9/1999 6:30:00 PM
From: Joseph F. Hubel	Read Replies (1) of 10027

OUCH!! I checked out the options and what you might do is sell the Oct 95s for about $20. That would essentially put you back where you were premium wise and gain you $25 (70-95) in stock appreciation. You still would not be free wheeling on the stock, but you would not be out the cost of buying back your old options. If we get a pull back, you will have lost both ways. A Bull spread could also improve the situation. Looks like the "clean out before the weekend boys won" JFH

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