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To: RocketMan who wrote (29324)	8/17/2000 6:12:41 PM
From: Dealer	Read Replies (1) \| Respond to of 35685

Just till Jill get to ya. I believe Elon Sept 35's closed last nite around 6 1/2 you ae giving up $2 leaving you somewhere around 4000 to 4500. Is that not right? The 1 5/8 was for August I believe. dealer

To: RocketMan who wrote (29324)	8/17/2000 7:07:20 PM
From: Jill	Read Replies (1) \| Respond to of 35685

Sorry, RM, I was not explicit. I was thinking of doing a buy-write on Monday for August expiry, with five days to expiry, that was $1500 approximately. Elon was at 34, I'd have written the 35s (and gotten called? Probably) Factor in the extra buck too. Septs were paying $5 as I recall--or about $1,000 a week on that day. Elon at 37 now, Sept 40s paying 3 5/8, not quite 10%. Guess you could wait for it to go up to 38 or 39 again sometime next week, or down to 34 or 35--somethign to make the buy-write maximally profitable.