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#4
November 2, 2000, 04:12 AM
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Get Out...
Thomas,
When options are in the money they behave exactly like shares (futures). You already made the maximum on the spread, why would you want to hold on till the expiration? The market may reverse and end up between 40 and 45 (you make less) or even drop below 40 (you lose money). So, get out. Simon |
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