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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (61109)5/30/1999 1:58:00 PM
From: Tommaso  Read Replies (1) of 132070
 
Mike--

As I now see after doing a thread search for IIX, you have regularly mentioned it. I just did not pick up on it--or maybe I did and like you thought the premiums much too high on the puts and forgot about it again. But it seems like a pretty good short to me--not quite ythe upside risk of a single nut, but maybe a good bet that most of them will, over the next couple of years, lose a lot of value.
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