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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST
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To: Bald Eagle who wrote (24354)11/21/1997 5:54:00 PM
From: drdart  Read Replies (1) of 61433
 
You can sell naked puts nad hope the stock does not go below the striking price you choose. You keep the premium that was paid to you and thereby lower your cost basis.
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