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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (43374)	5/22/2001 3:53:25 PM
From: ajtj99	Read Replies (1) \| Respond to of 56535

Max, that must have been a not-held order for VVTV that was filling over a matter of days. I've done that type of trading before when I needed to get out of a position on LNOP last spring (13,000 shares when the entire day's trades were only 30,000 shares). Now it's hit 21 and holding a bit under that. I sold my calls a little too soon. I see the bid went up to around $1.50 on them. When I saw how badly the in-the-money calls were being priced, I figured I'd maxed out on that one. I guess I was wrong. However, I did call the run to 21 pretty well.