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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (6663)10/30/1997 5:05:00 PM
From: MythMan  Read Replies (1) | Respond to of 18056
 
>>unless there is a fair sized K<<

I've been counting on that as it relates to mu. That dog should BK even if there isn't a market bk <g>

Pete



To: IceShark who wrote (6663)10/30/1997 6:19:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 18056
 
Dan <<unless there is a fair sized K.>>

That's the point. Sure small profit, or posibility of huge payoff?

Joe



To: IceShark who wrote (6663)10/30/1997 9:51:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 18056
 
Dan, re. NDZ XL - I closed a 2/5th for total cost + a small profit. I will let the oter half ride for acouple of weeks in to Nov for a possible BK. I had an order since 2 PM or so for 5 1/2 (at the ask) and towards the close I changed it to bid @ 5 1/8. I was surprised to see such a huge premium for so far out of the money puts. I am not complaining. -g-
-Mohan


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