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Strategies & Market Trends : ZixIt Corporation (ZIXI)
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To: Rick Smith who wrote (1786)2/25/2000 1:47:00 PM
From: SLSUSMA  Read Replies (1) of 4120
 
Those puts are worth half now, but I still have 20 odd days to go. But better $1 puts than shorting from $40's and watching it run to $57. For the puts, I've only lost 50 a contract. Had I shorted the customary 1-2k shares, I'd be out $20k now.
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