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To: Skeeter Bug who wrote (1747)1/6/1999 12:38:00 AM
From: David Lawrence  Read Replies (1) | Respond to of 3813
 
Since I sold relatively deep in the money calls, I'm effectively out at $55 for an 83% gain, not counting prior income from writing calls. Perhaps I complaineth too loudly. <g>

These are February expiration, so the are still possibilities. As you say, this was a one day move - there are many more of those ahead.



To: Skeeter Bug who wrote (1747)1/6/1999 12:23:00 PM
From: Math Junkie  Read Replies (2) | Respond to of 3813
 
<<it is a one day move>>

Hmmm...and how long exactly did you say you've been following this sector?

You know, I think you guys have got a lot of guts to trade on the short side after an industry like this turns up.

Makes about as much sense as when I was trying to trade on the long side during the '96 downturn. <g>

I feel your pain!


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