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To: PAL who wrote (109566)3/15/1999 4:13:00 PM
From: freeus  Respond to of 176387
 
Sort of OT
The rollout spread on my NITE went through. Very interesting. I'll see if it works to my advantage through April (the brokerage group could falter but now I know what NITE is capable of I'm not worried.)
However, what have I gained? I now do not have the premium...about even. I gained time because when I sold the original call I had little faith in NITE acting like the rest of the industry but now I know that it can. Did I gain/lose anything else? I again do not have control of the stock for trading purposes but I have a strike price that gives me 33% gain instead of 20%. OTOH if nite tanks I'm back where I was.
Freeus



To: PAL who wrote (109566)3/15/1999 10:43:00 PM
From: OLDTRADER  Read Replies (3) | Respond to of 176387
 
RE:Option-option trades of all ilk are notorious for "ramming it to you"-don't be penny-wise- etc.and have a "cookie jar mentality" trading-EVER -let the traders make some money off of you-they are not in business for their amusement.wbm In short relax or go find another game.BEST.wbm