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To: angel who wrote (91436)1/26/1999 3:10:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Angel, I agree with your point about the relative rates of increase of DELL vs. loss of time value provided the position is liquidated prior to expiration of the contract. I made the simplifying assumption of holding the position to expirey, because that is what I do as the seller of the call.

May I assume you have no problem with the analysis provided you hold the position to expiration?

TTFN,
CTC