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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (38738)	12/9/1998 10:13:00 AM
From: Skeeter Bug	Read Replies (2) of 132070

mike, my in and out of the money is right. i said that a put is out of the money if the stock is above its strike price. if csco is $75 then you csco 70s puts are out of the money b/c the stock is $5 above the put strike price. if this isn't accurate, and i'm SURE it is, then let me have it.

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