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To: Elmer who wrote (75338)3/22/2002 2:39:14 PM
From: Joe NYCRespond to of 275872
 
Elmer,

I see that I can roll my May $15s out to July and make ~$0.70 or $0.35 a month for 2 months. That's more than my 30 cent target. Tempting but I think I'll hold off.

My plan is to either hold until expiration, but if the stock tanks within next couple of days, reducing the premium to a fraction, I will consider buying the calls back.

Joe