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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: john david martin who wrote (4533)	10/3/1999 1:42:00 PM
From: Gary Korn	Read Replies (4) \| Respond to of 10027

Does anybody think that buying a Apr 30 call for $7 is not a good deal? If this stock does not hit 40 by mid April then there is something going on here that we don't know about. However if you believe like me that because this sector is oversold and due to come back paying $7 for this option could be one heck of a steal. John, Instead of buying a call for $7 (meaning that the stock needs to be $37 in April for you to break even), why don't you SELL the April 30 put for over $8 (meaning that the stock needs to be just under $22 for you to break even). Better yet, sell the January 30 puts for almost $7! Gary Korn