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Politics : High Tolerance Plasticity

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To: chowder who wrote (4241)	5/7/2001 3:47:29 PM
From: jim_p	of 23153

dabum3, The March 2002 NG futures contract is still selling for $4.60. If you would have bought a March $4.50 put this morning, it would have cost you $8,400 to control 10,000 MMbtu. March 2002 is now down $.202 to $4.60, which would have given you a one day profit of $2,020 or 24% today. This might be the way to go if you believe NG prices will fall below $4.60. Jim

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