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To: F The who wrote (6200)6/16/1998 2:10:00 PM
From: slipnsip  Read Replies (4) | Respond to of 164684
 
Silly question. If you are long a stock, you can short against the box without putting up any additional capital. Does it work the opposite way? In other words, if you are short, can you buy long without putting up additional capital?? Embarressed that I do not know the answer..



To: F The who wrote (6200)6/16/1998 2:12:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Felicia,

I have an Oct 70 uncovered call order pending right now, asking $14 premium for 2 contracts; just in case. Current premium is around $10.

Comments are welcome..

Ty

p.s. just checked again; Premium $11 for Oct 70, premium @9 for Oct 75.



To: F The who wrote (6200)6/16/1998 7:16:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Depends on the premiums. I think writing Oct or Jan calls is safer than June or July
because by Oct, this stock should tank. Well, that is just my opinion.


More conservative since nothing seems to make sense at present.

Glenn