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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Henry who wrote ()2/22/2000 1:22:00 PM
From: Geof Hollingsworth  Read Replies (1) of 2241
 
Anyone have suggestions for how to play the TERN puts?

I am not a believer in the recent run-up, but who knows how long until reality sets in. I would like to buy some puts, but the quotes I have seen on moderately out-of-the money contracts with moderate futurity have very little OI and spreads wide enough to drive a Webvan delivery truck through (April 220's for example). Any thoughts?
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