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To: pater tenebrarum who wrote (29809)10/19/2000 11:44:31 AM
From: chic_hearne  Read Replies (4) | Respond to of 436258
 
What are you guys doing with poots that are getting "RealManned" today?

For example, yesterday I picked up MSFT Nov 50 poots and Nov 60 calls. I just got out of the calls, got enough to pay for the poots also and a little profit.

The poots now have a B/A of 7/16 by 5/8. After commisions, I'd be getting not much back (unless I can get a great fill which is unlikely in such an up day).

It's kind of tempting to just write the poots off and keep them in my back pocket in case we get huge down over the next 5 weeks. It seems pointless to take back pennies per share on these things.

comments?