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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: holland who wrote (2065)	6/7/2001 4:09:41 PM
From: sergio	Respond to of 2241

Have any of you looked at the new FAS-133 rule, end of year marked to market holdings of corporations and how this may affect their reported income(?) I am not an accountant and wish for someone to shed some light on this to use as another tool for trading. news.cnet.com serg

To: holland who wrote (2065)	6/7/2001 10:02:34 PM
From: PoetTrader	Read Replies (1) \| Respond to of 2241

Holland...so funny you should mention this strategy as I just arrived at the same thinking today while studying the option premiums...in fact I was thinking of selling a Jul70 on cien (underlying at 61.50)...the premiums are 3.30 -- if I get called out I would be very happy...but it can't be this easy...can it?