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To: McNabb Brothers who wrote (1663)2/10/1999 3:43:00 PM
From: Howard Hoffman  Respond to of 7772
 
Good advice, other than possibly to sell. Selling the July 315 would cut Becky's loss even more and still provide an opportunity to make her money back plus a tidy profit. Frankly, I think that selling July 300 would even be a safe bet that it will not be called. And if it were called, Becky would pocket a nice premium.



To: McNabb Brothers who wrote (1663)2/10/1999 5:53:00 PM
From: Timoteo  Read Replies (1) | Respond to of 7772
 
FWIW I bought Feb 225 puts today. My target sell is 35 which is pretty conservative. I believe we'll see 185 before next Friday, but I'm not interested in watching it. I have not been able to find shares to short.

Best,

Timoteo