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To: Zeev Hed who wrote (17482)3/19/1999 7:35:00 PM
From: Timothy Liu  Read Replies (1) | Respond to of 93625
 
But why the call writers do not buy back calls? Maybe because the call buyers want the stock so the writers can not buy back the calls cheap? If that is the case, there should be little reason for these stock to be sold soon, since the option exercise will put the stocks in long term holders.

Tim
JMHO