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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Knighty Tin who wrote (4733)8/29/1998 8:12:00 PM
From: Joseph G.  Read Replies (2) of 86076
 
=== The New Era of Cheap Puts is Over ===

Put contracts turned out to be the best value in recent months. Some have appreciated in five weeks better than MSFT stock appreciated in five years.

And the best it yet to come, as suckers say. -g-

However, going forward, they are not going to be as good a value as they used to be. And we will have to adjust our strategies and find new ones.
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