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Strategies & Market Trends : Rainier's Column

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To: HeyRainier who wrote (60)4/15/2000 11:07:00 AM
From: kjhwang  Read Replies (2) of 106
 
Currently, I'm a bit underwater on my open short puts (mostly oct exp), haven't decided when/if to execute a repair--need for this market to make a bottom...

I agree with your assessment though. Put premiums are certainly rich due to high volatility and can pay-off handsomely with little risk once the bottom is formed. It must be nice to be in all cash during this event...

tci
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