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To: IQBAL LATIF who wrote (21525)11/20/1998 3:36:00 AM
From: IQBAL LATIF  Respond to of 50167
 
JPN was trading at a discount of 240 I think it was at 247-8 when I posted the trade to buy march 150 or 155's right now the market is up 400 fwiw and plus if discount is taken out the calls would show a very decent premium, this is 14700 and if we have 2 closes above that we go and test 15500, so for me this is a great trade, SOX anyone who must have ventured even at 275 break must be dancing as SOX closes above 302 and is ready for that assault on 330...