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To: Kayaker who wrote (4776)10/22/2000 7:40:19 AM
From: briank  Read Replies (3) | Respond to of 10934
 
I SEE they are paying $16.25 for DEC 160 calls. If NTAP were at 176.25 now I'd sell a few hundred (to reduce my margin). Maybe this is a good strategy. Currently, I've been buying the dips with margin and then sell into strength (sold 100 at 151 on fri) while holding my core position LT. Maybe I should sell calls on my margined shares. The draw back I see is that I'd tend to hold the margin longer if I had calls written on it.

Any thoughts?

-briank



To: Kayaker who wrote (4776)10/22/2000 10:49:51 AM
From: BDR  Respond to of 10934
 
<<Nov calls go up to 160.>>

I have several sites bookmarked for option quotes and I just grabbed one when I worked up the example. The wrong one. Nuts. Yes, CBOE is pretty complete.