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Strategies & Market Trends : Tech Stock Options
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To: Kevin who wrote (5751)3/4/1997 3:31:00 PM
From: Lyle Abramowitz   of 58727
 
Kevin,

Not to beat this to death, but what caught my eye in the formula was that if the two terms subtract the "bottom band values" will cancel.

Interestingly, we are at rough parity in our INTC positions--I hold 12 Apr 130p. I hope I didn't miss out on selling them at a profit.

Regards,
Lyle
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