[RT] Fedback-This Week's Most Unusual Covered Call

[John Cappello <jvc689@xxxxxxx>]

Dear Ray,

I just did a double check with Smith Barney and the correct symbol 
for the $15 strike price is CLTCC.... which is what I sold. Options 
Express also confirms this. The other designations just further 
describe the Travelers acquisition from last year...and have nothing 
to do with pricing other than history.

When I first looked at this trade, the $17.50 strike price was in the 
profit mode to sell the call and buy the stock...that is now close to 
parity.

Hope this helps.

Sincerely,

John




------------------ Reply Separator --------------------
Originally From: "Ray Raffurty" <r.raffurty@xxxxxxxx>
Subject: Re: [RT] This Week's Most Unusual Covered Call
Date: 03/08/2003 06:54am


[Attachment]

To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx

 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/