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To: Dealer who wrote (58783)1/1/2000 10:48:00 PM
From: Jill  Read Replies (2) | Respond to of 152472
 
Dealer, I could've sworn you were me. I'm all confused now. Who am I anyway? :-)

We've had some discussoin there today about exercising calls, versus buying and selling them, in particular going long the leaps, which seem to have very little time value costed in (is that a verb? costed?). Whatever. The 2002 leaps--one could go short the puts and long the calls, almost one for one, and it could be obscenely profitable.


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