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Re: _HD post# 18415

Friday, 10/10/2003 11:17:42 AM

Friday, October 10, 2003 11:17:42 AM

Post# of 25232
JNPR didn't pick up any puts just the calls and sold a bunch yesterday however the leftover calls were down from $0.70 to $0.20 and the puts would only have magnified any loss. If you have puts they might still do well. In cases like this when the gap up is above the prior day high, you might consider a short the rally to offset any losses. I did that with APOL

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