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To: Mike Gordon who wrote (108)9/5/1999 11:32:00 PM
From: OX  Respond to of 840
 
Hi Mike,
Apologies if my response to your reply was taken incorrectly. I didn't take your original reply as a flame.
(Darn these impersonal bits/bytes.)

Being long puts and short calls is effectively being short the underlying, aka a synthetic short.



To: Mike Gordon who wrote (108)9/6/1999 11:32:00 PM
From: Wando  Read Replies (2) | Respond to of 840
 
As someone who is also short at 119.75 I am interested in more information on your strategy of getting out of the holding with a profit. Would you mind sharing your technique with someone who has limited knowledge of the options market. At this point I don't expect the up move to be more than a few days and primarily technical in nature, but I would like to cover my bets just in case I'm not on the right side. Thanks.


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