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Strategies & Market Trends : Options
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To: SecularBull who wrote (2389)2/8/2000 2:34:00 PM
From: TRCM  Read Replies (2) of 8096
 
LoF - RE <<<expect CSCO to pull back, bringing the NAZ down>>>

Earlier today you stated on the DELL thread that you are "selling CSCO puts" because you expect it to "get crushed after earnings"....Once again you highlight your own stupidity...Are you still defending your position that selling CSCO puts will make you money if CSCO stock gets crushed? You really don't have a clue...If you sell the puts, you want the stock to rally, therefore diminishing the value of the put contracts you shorted...Figure it out yet???

Beware of this guy thread, he's full of hot air....
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