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To: Olu Emuleomo who wrote (48005)3/29/1999 8:44:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Way to go. I have decided to place a buy-stop at 186 on YHOO

Hi you guys, I wrote one Yhoo Apr. 160 puts for $17, therefore the cost of the 100 shares will be $142(after commission) if it is assigned. I am also pending to write an Apr. 180 call(naked) for $15 premium; it was trading at $13 towards today's closing.

Total net premium will be around $3,100 if all goes my way; and my B/E risk will be at Yhoo $210. Now, why the $186 stop? Help!



To: Olu Emuleomo who wrote (48005)3/30/1999 9:21:00 AM
From: HG  Respond to of 164684
 
I shoulda done that long ago ! Tied up my capital for almost 3 months......seems to be going nowhere...!

:-(