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To: Jeffrey L. Henken who wrote (673)3/14/1999 6:31:00 PM
From: LTK007  Respond to of 2662
 
Well I look for options at a price firstly at a price below a projected buy-out price and then just scan for calls selling at 1/2
or lower--I for instance just put up some money at 1/8 for Mar15s AMMB
(BTW that 1/8 was hard to get) but regards PAIR I went all the way out to July15s at 3/8 when I bought--BTW this is a BRAND NEW strategy of mine:) Will let you know how it works---Max90