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Politics : Ask Michael Burke
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To: IceShark who wrote (56720)4/20/1999 5:31:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Ice, But situations like Amazon is why I diversify and use 90/10. For every Amazon, there are 2 Compaqs and Lillys. And, as a put buyer, it doesn't matter to me if the stock never hits my strike or if it triples. I lose 100% in either case. So, I take the volatility out of the losers and put it on steroids with the winners.
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