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To: Shakush who wrote (9863)11/16/1997 7:35:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
The excessive premium charge for the puts sold would make them the
better target and the most expensive puts are of course at 27 and above. If they stay low they don't get there puts back. They are
sold or converted. At a very high rate! I say they go up and they save the more numerous, yet much more expensive puts (premiums). Keeping the put premiums is better here than losing the calls.

Bruce