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To: Steve T who wrote (5987)6/12/1998 5:38:00 PM
From: Henry Hayashi  Respond to of 14266
 
<<I jumped on the Dec. 30s. Big-time for me...>>

I was so tempted to pick up the SEPT 30's last week, but got conservative all of a sudden and picked up the DEC 30's instead. I'm looking to cash 'em out at $20 or so.

I wanted to sell the DEC 30 puts for $9 1/2 last week, but I'm too margined out to do it. Would have no problem at all having it put to me in December for a cost basis of $20 1/2. Either way, these options look very good right now.

Henry