eLROY

I was using the 1.25 from settlements the other

day.I used your figures though for the example.

You sold 1 feb 7.50 at .50 bot 2 aprils at 1.75

each for a net debit of 3.00 or 1.50 for each put.


elroy I am going out for dinner now.I may or may not respond to further posts.I am leaving very early tomorrow a.m. and will be back the 20th for one day and then am leaving for a few days.Anyway

take care at worst i will be back on the board about the 25th.

I'm expecting a $9.00 cash tender offer for CPN next week, closing mid March, with a stock back end worth $3.00.


So when it happens, don't go a tellin' me I got lucky.


eLROY

Better sell those April puts!Take care!