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To: bonnuss_in_austin who wrote (27169)7/30/2000 6:33:43 PM
From: im a survivor  Respond to of 35685
 
Thanks B....and yes, it did look strong on frday, but will that continue if the market continues it's meltdown?

Thats the main question, which unfortunatly, nobody can aswer until it happens.

Anyway, I assume, like me, you are looking at strikes above $100 because of the cost and chance of appreciation if rmbs makes a big move?? As I said, I like, and feel safer with ITM's.....for instance the jan 60's or so, but the cost factor is extreme, and if the stock drops, it can lose value in a hurry. The $100's are like $12 or $13. The ITM's cost 3 times that.

Anyway, good luck....let me know what you end up going with.

keith@inamazementathowmuchhasbeenlostsincejanuary.com