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gm_general

12/30/03 5:14 PM

#187040 RE: dave_s #186983

Yes, most options held to expiration expire worthless, but really, what is that saying? I would personally never hold options into expiration unless they were left worthless. If I made a profit on them, I would sell them before expiration. Few hold them through expiration so they can then hold a long/short position in the equity.

So what percentage of options are sold at a profit? Now that's a question!