Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: IceShark who wrote (21103)	9/24/2000 1:53:07 AM
From: PerryA	Read Replies (1) of 436258

. . . some people that want to actually short a stock will instead buy poots that are in the money to varying degrees. There is little premium cost . . . Based on the bid and ask for the stock and the puts at various times this morning, it would have been cheaper to buy the puts (negative premium) than short the stock. Obviously it was a fast market, but the puts were slow to sell even with no premium. PerryA

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