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To: HPilot who wrote (28298)2/14/1998 3:19:00 AM
From: John Graybill  Read Replies (2) | Respond to of 53903
 
MUBH = Feb 40 puts, right? As an option play, that is relatively safe compared to the high-wire stuff we see reported here. With exactly 5 trading days to go, and the option 5 points in the money, it is going to move pretty much just like the stock. 137 contracts is about $80K or so on the table, too. This isn't a guy taking his mortgage money and swinging for the fences, yep I'd say he knows what he's doing.