VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Timetobuy who wrote (39885)	8/7/2001 12:26:39 AM
From: Sully-	Read Replies (2) of 65232

"Did you know that if it gaps down you are sold out on the open and if it goes back up, you have an automatic loss? " Are you speaking about someone who holds a put or call option? Is this a specific class of put or call option with special rules? Where could I read up on these special requirements. If you are speaking about puts & calls on the QQQ's, or common stocks, you should know that is a totally baseless comment. "Did Lo tell you that most people LOSE on options and was there some little incentive to sign up for the paying portion of her talk or site? " Is that a fact or an often repeated folk lore? What about the person on the other side of the trade? How can most people lose if someone is on the other side of the trade? Could you point me to factual data to support this claim?

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