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Strategies & Market Trends : Advanced Option Strategies
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To: Don Martini who wrote (117)8/7/1998 7:15:00 AM
From: Tim Lumley  Read Replies (1) of 355
 
Don,

Have been lurking on this thread for some time and read your put strategy with interest. I have also wrote a few puts on stocks I wouldn't mind owning, but not in the volumes you do.

My question is this. How do you manage your downside risk? It seems to me that you have a lot of exposure to a decline in DELL be it do to bad news with DELL or a general market correction. Nothing goes up forever.

Tim Lumley
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