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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (3388)	2/22/2000 11:18:00 AM
From: SecularBull	Read Replies (1) \| Respond to of 8096

Jill, I just liquidated 1/2 of my remaining NTAP Jun 80s and exercised the other half with the proceeds. Pocketed the rest of the cash. I'm probably jumping the gun on this one (given the pending 2:1), but I think that taking some profit on options (and adding equity) is the way to go. My investment in the options in late January was up 200% to-date. You never lose money buy taking it off of the table (or in this case moving it to less volatile equity). Regards, LoF