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To: Glenn D. Rudolph who wrote (66278)7/5/1999 2:21:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> The bid and ask may be about the same as on Friday in the event the underlying
> security does not change.

Glenn, now you REALLY are letting your ignorance show. If you don't understand that the bid/ask on july calls are going to drop due to 3 days of premium evaporating without anyone having the ability to trade, then I dont know that there's anything else I can say.

And I suppose the bid ask on a call couldn't POSSIBLY go down during a day if the underlying security goes up, right? I mean, that just couldn't be possible.