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Strategies & Market Trends : Options

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To: Poet who wrote (6266)4/11/2000 9:58:00 AM
From: RocketMan  Read Replies (1) of 8096
 
Poet, FWIW I agree with your LEAP strategy. BTW, those protective puts I loaded up on yesterday are kicking in, like a rubber band under my portfolio. Wish I would have bought them ATM, though. I bought them 10-20 points OTM, so there is a lot of give before they kick in. Like fire insurance with a large deductible. Wish I had the guts to close them out when I thought the bottom was here.
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