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To: RoseCampion who wrote (683)1/6/2000 1:30:00 AM
From: Girish Patel  Respond to of 8096
 
Rose: GMST has some support at 60 1/4. Aug 80's are too far out of money and 65's will have a higher delta. I think if you are going to hold on to them, selling Jan IM calls may be worth while. On they other hand, I would not stick around too long if that support breaks.

I think you are trying to catch a falling knife - unless GMST makes a reversal tomorrow.

Regards:

GP


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