Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Annette who wrote (5580)	1/28/1999 12:49:00 AM
From: FDHIII	Read Replies (2) of 27722

Annette: Instead of losing just a little money, you can lose it all protecting other profits.....simple example: Your long a thousand shares of NAVR....you go purchase 1 put against NAVR to protect against your 1k shares....NAVR goes up...your put expires worthless(or close to it).....NAVR goes down and your put makes up the diffrence that you lost actually owning NAVR long......similar to shorting against the box, but more effective and cheaper to say the least. I hope that helps you at least a little. Also.....I found this in #daytraders...pretty good actually...NAVR has a "cult" following now it seems :) indigofish.com regards- F~

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