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Technology Stocks : Y2k : effects on non Y2k related stocks
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To: Ken Crounse who wrote (35)7/28/1998 8:53:00 AM
From: Geoff   of 54
 
Actually, I don't think its a mass phenomenon yet. The LEAP Puts on the DJX are still relatively cheap IMO. Looking at the premiums some of the in-the-money options are commanding, I think the way out-of-the-money puts are cheap. Plus, most people do not like to bet against stocks, some people think it is evil. I think its a way to make money, though I have never outright shorted a stock, only bought lots of puts.

later,

geoff
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