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To: TShirtPrinter who wrote (681)9/20/2006 1:23:28 PM
From: Cooters  Respond to of 1575
 
I have a lot of Jan and Apr $2.5's, many I have been rolling out since Spring 2005. It is basically free leverage, with about $1.5/sh in cash the chances of expiring worthless are extremely low.

A good chunk of the open interest in the Jan's is me<g>