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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: thebeach who wrote (59630)9/14/1999 9:14:00 PM
From: Tim Luke  Respond to of 90042
 
I am ready to head to Florida to help with relief>>

pleased to here that



To: thebeach who wrote (59630)9/14/1999 9:44:00 PM
From: darline cook  Read Replies (1) | Respond to of 90042
 
So far so good here in orlando and newsymrna florida- i boarded
windows today till my fingers burned. Gonna go talk a hot bubble
bath NOw!. Si far so good here looks like our areas wont get it to
bad but lets see where it heads tommorrow and hope Minimal damage.

Tim would have liked the waves 6 to 7 feet.

Nite,
Darline

Be back trading after storm tommorrow



To: thebeach who wrote (59630)9/14/1999 10:05:00 PM
From: R.E.B.  Read Replies (1) | Respond to of 90042
 
theBeach, not only were the option volumes high on CS, but check out those SEPT $20s... we've got 3 days until expiration. Counting a 3/8ths arbitrage, the underlying stock needs to exceed $21 JUST TO GET THEIR MONEY BACK !!! And it must do that with 2 hours left until market closing so investors can close their positions. The worse thing that can happen is to forget to close you position and have the traders in N.Y. exercise your options on Saturday... you get hit with a commission and then have to sell on Monday to get your money back... another commission.