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To: MileHigh who wrote (53309)12/9/1999 6:42:00 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
not many would want to buy them right now

That's what market makers are for!



To: MileHigh who wrote (53309)12/9/1999 6:46:00 PM
From: Voltaire  Respond to of 152472
 
You might want to change the many to any!

V



To: MileHigh who wrote (53309)12/9/1999 6:54:00 PM
From: PAL  Read Replies (3) | Respond to of 152472
 
MileHigh:

Real time: Last trade 3/8 change - 3/16
B x A : 1/4 X 1/2
High x Low : 3/8 x 1/8
Volume : 107 contracts
Last Trade : 12/9/99

So there were some transactions.

One thing about buying calls: Altough every book will say that the option holder has all the rights but not the obligation, it fail to show that it does not have a repair strategy. compare that to selling put. you can roll it to further month/strike price.

paul