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To: KeepItSimple who wrote (64835)9/28/1999 4:23:00 PM
From: Peter Church  Respond to of 86076
 
Why the big (way) out of the money October Put position in Yhoo? Do you really think the biggest bull market in history is going to drop down out of the sky in the next three weeks? It could, but the chances seem to be greater that the bulls are going to put up a fight. It looks like we are going around in circles for a while until the next event. Selling calls or selling stock may be the better bet for now. Or is there something you are looking at in October?

-Thanks