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To: DepyDog who wrote (21917)6/8/2000 3:11:00 PM
From: drenko  Read Replies (2) | Respond to of 35685
 
Hey ther DepyDog.

I am sitting on NTAP June 80's and kinda wondering the same thing. My D-day is next Friday so I am thinking of letting it ride and see if I get called out. If so I move on...if not I may move on as well but it will be my choice!! Trying to go with the no stress thing so I probably won't touch it. Unless anyone has some good ideas for me??????

-drenko



To: DepyDog who wrote (21917)6/8/2000 4:36:00 PM
From: Sully-  Respond to of 35685
 
Hi DepyDog,

I believe the stress free beano play calls for you to hold tight. Volt doesn't like to get into weighing scads of variables in the stress free beano. Basically, there is no compelling NTAP news for the stress free beano to buy back those calls. If that is your play, then let it ride & keep the $$. If you get called, turn around & buy more & cover it again. Volt please correct me if I got this wrong.

If you are inclined to hold the underlying & you believe you will be called away; you may consider that NTAP has run quite a while. There is plenty of time for NTAP to take a rest & give you a chance to uncover, possibly at a lower cost than now. Another option would be to roll up & out, I.E., buy back the July 80's & roll into a slightly higher strike further out & pocket the difference.

Then you could........ LOL so many choices, so little time.

Hope this helps Dep.

w2