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Re: SyndicateTwo post# 33088

Monday, 08/07/2006 2:11:47 AM

Monday, August 07, 2006 2:11:47 AM

Post# of 79026
Hey S2,

AAPL can go down pretty fast. Isn't there a reasonable chance that you hold APPL because it falls below 60?

Also, wouldn't it be cheaper to just sell puts? Just wondering about the rationale.

$1 per month on $65 is about 18%. Actually, I guess your investment is lower by $6 bringing your return to 20%. Do you get credit for the sold calls right away?

fm

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