Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: ratan lal who wrote (8826)	10/25/1999 5:15:00 PM
From: wlheatmoon	Read Replies (1) of 54805

<<If you are wrong, you have twice the number of shares at expiration !! Where's the insurance??>> the insurance was being bought by someone else... selling naked puts is selling insurance,,,not buying insurance,,,to buy insurance,,,you buy puts....and selling naked puts can be a risky business,,,so be aware of what you are doing... best of luck.

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