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To: HG who wrote (48203)	3/30/1999 11:12:00 PM
From: Jan Crawley	Respond to of 164684

Yes great idea Happy, maybe I should change my name to "rich girl" then we both will be happy and rich, and trading, and get richer and happier, and trade more!! just kidding. Anyway, I went long on Yhoo via the puts writing, and then went short via the call writing. If Yhoo closes between 160 and 180 on April expiry, I will keep the $3,200 premium. If Yhoo closes under $160, I will have to buy 100 shares of yhoo but the cost basis will be just $128, a good deal. If Yhoo closes at $211 on Apr. expiry, I will just breakeven. If $300, I will be crying on your shoulder. I do have the option to close the put/call accordingly in the next week or so for part of the $3,200.