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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?

To: Izzy who wrote (5681)	11/19/1998 4:10:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 6136

Izzy, I can't answer any of your questions, but I guess it's time to tear into this. I'll see what Ms Wong has to say tomorrow. In the meantime am I relieved. I have 20 NOV 40 naked puts that look like they'll expire worthless (they were over 20) a while back, and I have 20 NOV 45 naked puts (were over 27). Although the stock seems to be trading with incredible strength, I went ahead and bought back 10 of the 45's at 1 1/2, leaving me with 10 that I hope will expire worthless tommorrow. Over 70K margin freed up over the end of October. This will leave me with 2K shares that I plan on holding for a while yet. With the stock closing near it's day high most days, and setting new 52 week highs, seems we may see 50 out of it yet. I am looking at selling calls out a few months on at least 1k shares...maybe 50's or 55's to generate extra cash. Will let ya know what I do. Congratulations to all longs, especially those who rode this thing out. sf