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To: SecularBull who wrote (103697)2/22/1999 12:33:00 PM
From: Mark Peterson CPA  Respond to of 176387
 
LOD, just bought back the March 140 calls for 1/16 and the March 115's for 1/4. Yes, things are looking nice.

Best regards,

Mark A. Peterson



To: SecularBull who wrote (103697)2/27/1999 7:07:00 PM
From: HoyaBob  Respond to of 176387
 
OPTIONS=GREAT NEWS: Thanks. I'm stuck w. some May 65's, but they're nearly ready to pop for me. My problem is jumping the gun and making 10% rather than 20%. Do you have a set rule of when you buy to close? For example, do you set a limit order to buy at the very same time that you sell? Seems to me this could work well, so long as you manage to monitor things. For example, why not take 18% instead of 20? Any profit is a good one. Please advise, if you can, on your strategy.