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To: Kayaker who wrote (65957)9/17/1998 3:42:00 PM
From: freeus  Read Replies (3) | Respond to of 176387
 
$2200?
Freeus



To: Kayaker who wrote (65957)9/17/1998 4:16:00 PM
From: LWolf  Read Replies (1) | Respond to of 176387
 
Bob, if they take it to expiry and buy the stock.

10 contracts, Jan 2001 60C @ $22
Stock strike price $60,000
Call Premium +22,000
Total Cost of stock $82,000

The stock value must be above $82/share for profit
(which it probably will be by 2001!!)

LW