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bear427

05/16/08 8:29 PM

#219964 RE: sonetirot #219960

The cost to exercise options is nominal. The cost to buy or sell them can be much more. These are real trades made in February through Schwab.

TransDate Stock #Shares Price Commis TotalSale

2/26/2008 IDCC 14100 $25.00 $8.95 $352,508.95 ASSIGNED

2/28/2008 DAQUX -300 $5.70 $235.84 $170,764.16 Sold naked

The latter trade was rolling the remainder of naked 25 puts down and out. Rich