Ascend (ASND) Traders Message Board

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Technology Stocks : Ascend (ASND) Traders

ASND 195.90

-2.8%

10:50 AM EST

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To: Gary Korn who wrote (331)	10/3/1997 12:33:00 AM
From: hpeace	of 369

gary, heres' how to avoid that. buy the 25 put..1.5 times by the number of puts. then your margin is less and you are protected. your call loss is limted already to drop to 30. the put protects every thing and lowers margin and you sleep at nite/ It's a winner. I'll tally it out in mar 98. I may bail out if it gets to 50+ in january. get that mcmillan book out options as a strategic investment

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