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Re: Elmer Phud post# 21550

Friday, 12/26/2003 4:17:32 PM

Friday, December 26, 2003 4:17:32 PM

Post# of 98354
Elmer, that sort of game is extremely dangerous and I hope noone here will ever play it. It is not really a mirror of covered calls game at all.

What sometimes happen, is that convertible bond holders will short and then write puts against the short position. That's a good play. Not for the size of my wallet though.

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