Message-ID: <31999561.1075852712167.JavaMail.evans@thyme>
Date: Wed, 25 Apr 2001 22:08:00 -0700 (PDT)
From: john.arnold@enron.com
To: gapinski@enron.com, michael.gapinski@ubspainewebber.com
Subject: RE: Receipt of Hedge Fund Information
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may be looking to sell some naked calls soon.  can you check that i would be approved to sell 200 of either 65 or 70's expiring somewhere between jul-jan. 
 also, if i sell naked calls with a tenor of more than one year that expire worthless, do the gains get counted as LT cap gains?