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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 26 4:00 PM EST

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To: James F. Hopkins who wrote (17753)	6/17/1999 11:37:00 PM
From: Benkea	Read Replies (1) of 99985

James: "I don't like paying the premium, even deep in the money puts for July have a $3 premo..Or $300 per contract. So you give away the first $3 of downside, and option commissions also cost me twice what buying/selling does." Fair enough, but remember you will get the premium back when you sell them if your direction is correct.

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