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Strategies & Market Trends : Tech Stock Options
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To: ratan lal who wrote (40306)4/19/1998 4:13:00 PM
From: Darth Trader  Read Replies (1) of 58727
 
Ratan, I am not talking about any rocket science here <VBG>. Look at what happened to all stocks last Oct. This is what I want insurance against.

A 20% put will still increase in value even if the market only tanks 10%.
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