Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jeff Mills who wrote (5978)	10/21/1997 9:17:00 PM
From: david	Read Replies (2) of 9285

anybody comments on the following position ? short CTXS at 74 sold naked put of Nov75 at 6. i have 6pts upward protection(assume commission is small) which gives me 80 breakeven and any price below 75 (on option expiration day) would give me 74-(75-6)=5pts profits, not bad ! what do you think ? d.

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