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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: MythMan who wrote (80260)12/17/1999 4:47:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
you are buying the right to put 100 units of QQQ to the seller at 156 per unit anytime before March expiration. and it costs you $9, so you need the QQQ to fall below 147 (theoretically, not considering time and vola premiums) to show a profit.
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