Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 64.56

+0.7%

10:40 AM EST

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To: don kramer who wrote (2300)	9/10/1998 8:58:00 PM
From: md1derful	Read Replies (1) of 6439

Don: Interesting post...but the risk is much higher if the stock falls through your strike price, for example you may get the stock at 38 3/4 while the stock is falling to 36. The downside risk is unlimited (all the way to zero)!! I basically play the short puts so as to never get the stock. Great job on those Sept 40's..

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