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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (32351)	10/6/1999 11:29:00 PM
From: Dr. David Gleitman	Read Replies (1) \| Respond to of 41369

My only "problem" is that I sold the covered calls for the October 120's. In following the pattern of AOL, it seems as if there is some force that will bring it back down on the week of options expiration. I chose the 120's back when AOL just over 100 less then 2 weeks ago. I looked at the open interest and picked 120 as the target price which yielded $2.00 a share when the lion's share of open interest was at the 110-115 level. This should prove to be an interesting week. Futures are up at this time. David