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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (893)9/13/2000 10:38:51 AM
From: freeus  Read Replies (1) of 65232
 
I had to do something this morning and didn't know what.
So I decided on my "old favorite" Cisco.
I sold 10 puts for Jan 60 CWYML. I got $7 1/4. Not a large trade but I'm trying to convince myself I know how to do the "right thing" when the market collapses. Actually it didn't collapse as much as it looked like it would.
These puts should expire worthless.
Freeus
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