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

To: abuelita who wrote (1202)6/2/2000 1:58:00 PM
From: Mark Z  Read Replies (1) | Respond to of 10876
 
Rose -

Hope you don't mind my jumping in but monitor the BID on the July 150's. When it approaches the point where an owner of that call is better off exercising & selling the shares, then its time to roll. Most of the time you won't be called out even when all premium has evaporated but you just don't know whether you will or won't.



To: abuelita who wrote (1202)6/2/2000 2:47:00 PM
From: Jill  Respond to of 10876
 
Hi Rose,

Well, nobody can predict the market...tho breaking 150 woul dmean it took out its all time high...what did you cover at (what did you get for them) and what are they at today?

But don't panic today anyway.


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