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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Murrey Walker who wrote (10327)10/30/2000 2:36:53 PM
From: freeus  Read Replies (1) of 65232
 
remargin
Well I don't have margin debt...there is even a little cash there. But I have sold puts: for January....csco at 60, ssti at 30 and qcom at 65 and 75. I never DREAMED those stocks would be as low as they are this late in the year...now I wonder if they will recover by January. In addition the buyers of the puts COULD put the stock to me if they wanted to right now. It happened to me with NITE last year.
That's why I'm worried.
Freeus
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