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To: William T. Katz who wrote (6361)6/17/1998 10:02:00 AM
From: Peter Church  Read Replies (2) | Respond to of 164684
 
Finally threw in the towel and bought back most of my naked calls. I still have 10 Jan 45's and 6 October 50's although I'll probably get a margin call on those today. Does anyone have advice on what to do to protect my loss today on these naked calls.

I've been slaughtered on this one too.

Thanks



To: William T. Katz who wrote (6361)6/17/1998 11:14:00 AM
From: charger  Respond to of 164684
 
Wow! Shorts throwing in the towel...must be the top. Just wish they were writing June 80 puts...the closest strike price for June is 65! Closest for July is 75. All that offers is damage control for the longs. 100 here we come...