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To: Elmer who wrote (74948)	3/19/2002 12:50:30 PM
From: Joe NYC	Read Replies (2) \| Respond to of 275872

Elmer, I just rolled my April $15 CCs out to May $15s and pocketed $0.40 I am just trying to understand, why don't you just let your April CCs just sit there and expire worthless. The greatest reduction of premium really happens in the last 2 weeks, and you don't seem to be taking advantage of it. I let my March calls expire worthless, and I had my finger on the trigger just this morning to sell April $15 CCs, but decided to wait a bit for a higher price. I sold March calls for $0.80 and Aprils are $1.00 x $1.10, which seems like a good deal. Joe