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Strategies & Market Trends : Roger's 1997 Short Picks

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To: McNabb Brothers who wrote (5581)9/28/1997 4:29:00 PM
From: hpeace   of 9285
 
mcnabb, you don't have to worry about the 1987 and 1990 crashes on selling naked puts.
all smart players will sell the say 50 naked put on a stk and get $5
then buy the 42.5 put for 1/2 and you are protected plus you margin is reduced to next to nothing. and you sleep at nite.
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