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To: Glenn D. Rudolph who wrote (6636)6/18/1998 5:52:00 PM
From: cellhigh  Respond to of 164684
 
bout time you guys caught a break! my congrads!though a dangerous game you play...me? ohhhh that tdfx....ohhhhhhhh myyyyyyy



To: Glenn D. Rudolph who wrote (6636)6/18/1998 7:47:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Getting ready to close the Jun's tomorrow. Have 5 Jun contracts to close. These must be in the money?

Glenn,

Have 3 Jun 47 1/2 and 2 Jun 50 uncovered calls to close tomorrow.

Also 4 Jul 50(2 before split), 2 Jul 60 and 1 Oct 70 uncovered calls. Tuesday and yesterday, the stress suddenly became so real. Unlike Asnd; I was not sure what I was up against! I could see "bottom" but where is the "top"?

Anyway, this morning, I noticed that the spread for call options widened and premiums were shrinking compare with yesterday's. So I wrote 3 Jul 70 for $13 plus(was going for Jul 50 for high premium but was afraid to). May close the 3 today's July uncovered calls tomorrow just to be conservative; have to think about it.

Now, if we close around $60 tomorrow....

Be patient, Glenn and others, one bite at a time, we will all get our money back, if not more.

Jan