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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Ashley Campbell who wrote (56940)11/9/1998 2:34:00 PM
From: myicon  Read Replies (1) | Respond to of 61433
 
Truflette, or anybody else with a qualified opinion

I am currently short 10 contracts for the ASND Nov 45 and since expiration is next Friday the 20th, I am wondering whether I should buy back the contracts and sell the Dec 50s, Jan 50s, Jan 55, or should I let things run their course and very possibly get assigned? I was successfully trading ASND during Sept but when it dipped in Oct it looked like it was ready to go below 40 and that is when I sold the Nov 45s as downside protection.