Micholien

JoeyDVivre Wrote:
-------------------------------------------------------
If your
> option is deep in the money you don't exercise
> the option and blow away your time value, you sell
> the option. In the case he gives the stock is
> very volatile (doubling in 2 months) so the time
> value is worth a ton.

Dammit.... It makes so much sense... Thanks Jo
and spreads, for what its worth, I nodded my head at your explanation. I knew you don't exercise early except in cases mentioned by Kiakaha but I used to wonder why coz the scenario you described seemed possible. Now I know why!