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Biotech / Medical : Biotech Derivatives -- Ignore unavailable to you. Want to Upgrade?

To: RWReeves who wrote (467)	6/6/2000 7:23:00 PM
From: RWReeves	Read Replies (1) \| Respond to of 555

Looks like my covered calls on TGEN may be coming home to roost. This is always my nightmare scenario=stock soars, you are covered for the call you sold but know it will probably tank before expiry and it is too expesive to exit. I'd straddle but the chickensh** longs (like myself)are keeping the puts too high. Sell the long? And leave me with a naked in the money call outstanding? Sigh. Buy and hold. Poor Stefaan you are even deeper underwater unless you bought back the calls. RWR