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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (32814)10/30/1998 4:47:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
bearshark, I did not close my short puts today - and premiums are expanding and it eats part of my profits.

The MM do not fill you at the right prices (5% above theoretical value) and most of the time try to pocket the spread.

They want you to pay retail!! Buy at the ask!!

Haim
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