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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: amoezzi who wrote (8253)3/11/1998 11:53:00 AM
From: Bald Eagle  Respond to of 64865
 
<<I do not like the stocks to be called away!!>>
If you can't handle losing, don't play the game!



To: amoezzi who wrote (8253)3/11/1998 12:06:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 64865
 
Abdol, there are no free lunches. I sold April 45 calls. Keep in mind that I anticipate my open March 40 puts to expire worthless.

I intend to buy them back at around $1 if SUNW does not close above $45 any time soon. Other wise you still can get in for a mere $20 or less per transaction.

This is almost the bid/ask spread for a retail transaction.

Haim


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