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To: John Graybill who wrote (47348)7/28/1999 5:42:00 PM
From: Skeeter Bug  Respond to of 53903
 
>>Plus, I think the reality of the inventory situation will have to be recognized one way or another by the end of the quarter/FY, which will be reflected in the October options.<<

john, kip says mu has "lower" inventories and he'll be talking about "shortages" from time to time. what inventory? ;-)



To: John Graybill who wrote (47348)7/29/1999 11:46:00 AM
From: Land_Lubber  Read Replies (1) | Respond to of 53903
 
Remember, you can sell Aug *and* Sep *and* October's
against the original October puts you buy.

Is the main point of this series of short legs to sell strikes that you believe will expire worthless and hold to expiry, unless that looks like it will be violated?

Land_Lubber


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