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


To: TradeOfTheDay who wrote (835)5/26/2000 11:13:00 AM
From: Jill  Read Replies (3) | Respond to of 10876
 
Thanx...doesn't seem like much.

I'm going to watch more...if it hovers around this level, not sure what I'll do, but I was considering selling 02 100's--now or in near future, for the following reason:

Right now, even, ithey're $15/contract
I exercised these shares at 82 1/2, so at this point would I be willing to let them go for 100, yeah, that would be okay

I could put the $ to use for my options trading that I've been doing lately, and help cover this current paper loss

However, I'm going to think about this move--and check back in shortly

Thanx again Bev, it's great having you around