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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (4994)8/20/1999 7:07:00 PM
From: Labrador  Read Replies (1) of 54805
 
Why not write put options at your "dip" price? For example if your dip price was $150, why not write puts with a $150 strike price? Collect a little cash while your waiting to see if it ever dips. Just a thought.

My August 140 puts expired today (which I wrote) -- got to keep the $6-7 premium).
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