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To: Defrocked who wrote (6290)9/17/1998 3:22:00 PM
From: IceShark  Respond to of 86076
 
Deef, A big Yup for the spread. I'm trying to roll down some AMZN puts. The ask is lower than these pups are worth, but they won't let me exercise because a) you don't have enough cash to pull the equity train; b) even in the account you do have enough cash, the IRA, you can't short. I'm SOL.

Plus it looks like MM is buying this dip, so I'm doomed. -g-

Regards, IS



To: Defrocked who wrote (6290)9/17/1998 3:40:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
That's $200 B of OI. But why do they all have to roll in same two days? Have not they figured out yet to use a calendar to see 3rd Fri of Sept is coming?

Anyway, as soon as cash starts to drop a little, premium jumps and pulls the market up. Never down, today

PS. 3:53 this one time prem is not pulling up (yet?)


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