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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.88+0.4%Nov 26 3:59 PM EST

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To: yard_man who wrote (559)8/7/1997 2:37:00 PM
From: Cynic 2005   of 1462
 
Barry, I closed my puts as well. Despite the fact that the stock was down about 4 points since I bought those Nov 65's, the bid on the option hardly went up by 3/4. I moved some of it to Motorola January 70 puts. This stock, an expensive one by itself, looks mighty weak and had larger beta. More bang for the buck with MOT than KO, should the downdraft begin.
-Mohan
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