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Strategies & Market Trends : Selling Puts: Have Cash Will Travel

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To: Vol who wrote (1197)4/18/2000 9:48:00 AM
From: Robert T. Quasius  Read Replies (1) of 1235
 
I don't put too much credence in what is posted on the Yahoo boards, especially for heavily shorted stocks.

However, I did close out my CNC LEAP put position this morning, after reading the following article from TSC:

biz.yahoo.com

I still believe this company could do well once it gets past its current turbulence, and I still have my long position. I may look to sell puts again once things settle down, but for now the price seems headed downwards today.
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