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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (57966)8/23/1999 4:13:00 PM
From: Mike da bear  Read Replies (1) of 86076
 
OK, let's have a little survey here.
Assuming someone were stupid enough to want to buy
a put in this tidal wave, what would offer the best
potential return.

Assumptions to make:
Buyer only wants to throw away $1K-$2k.
Buyer has mistaken assumption mkt will sell off on
the news after fed inaction or action.
Buyer is disillusioned into thinking market could
crash down to 11,000 before september expiry.

Thoughts...

mdb
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