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To: H James Morris who wrote (50455)4/14/1999 10:53:00 PM
From: Y2k_fan  Read Replies (1) | Respond to of 164684
 
I bet that most of the MMs trade with box. Those MMs are the major source of shorts.

And using deep-in-the-money covered calls, theorically, is the same as boxed trades. Only that you have to pay higher commission and have to tolerate the big spread between bid and ask. But you can benefit
from a nice time-premium.

Anyway, you are some of the lucky ones who found shares available early.

By the way, CATT reported a nice earning today. Hope that it will
give me some surprises tomorrow.