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To: Sam Citron who wrote (8895)4/28/2004 12:26:18 PM
From: BWAC  Read Replies (1) | Respond to of 13403
 
OT you'd have to read back to my original example and discussion. The loss was about what I expected since KLAC went down. Remember I had a chance to csh it all out at 52 for a 2k profit.

In short, Further it gets away from the strike price, the less people are willing to pay for time value.

Maybe I'll get a rise and sell covered calls into it.

But as I said This MarkIt still reeks.