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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (10097)2/23/2001 1:14:18 PM
From: Sharck   of 37746
 
Time decay will start eroding the value of the puts against the premium (which is derived of the time value) plus the intrinsic value. Since the puts are way out of the money, no intrinsic value but the time value erosion here is negligible over a weekend this far out from execution/retirement date but will become increasingly important with each passing week.
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