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Post# of 704041
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Joe Stocks

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Joe Stocks

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Re: gary schrimpf post# 55836

Sunday, 12/15/2002 8:08:01 AM

Sunday, December 15, 2002 8:08:01 AM

Post# of 704041
>>I will hold the puts for an extended period of time as long as I almost own them for free.<<<

Please explain "free". If you are talking very OTM puts I think odds are against you. That's why they are cheap. In addition, if you are talking "extended" period of time holdings it would seem to me that you would not be so much a fan of the "let's not talk about tomorrow- trade what you see" crowd.

Joe


Joe

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