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To: Douglas A. Sevy who wrote (22322)	11/20/1997 9:18:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

Doug, everything gets cut in half -- including premiums and strike price. In your example, if you could write 10 calls for $4 and there is a 2 for 1 split you could then write 20 calls for $2. The strike price would be 1/2 of the strike price pre-split. I am actually known as Mr. Sensitivity. I save my acerb for insensitive louts who have the temerity to claim they are more sensitive than me. I have been working on my feminine side. I can tell that it has been effective because I discovered that I am one of the very few straight males who knows what colors puice and mauve are. Not only that, but I actually admit to my wife when I'm lost. Regards, Paul