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To: L. Adam Latham who wrote (90688)10/20/1999 2:22:00 PM
From: Elmer  Respond to of 186894
 
Re: "With the volatility we've seen in the markets in 1999, it has turned out to be a great year for generating cash by writing puts. You can get very nice premiums for strike prices that are 30%-40% or more below their recent highs. In may instances, it amazes me that people pay the premiums for the puts I write (got $2 yesterday for INTC Dec 60 puts, now asking $1 3/8)."

They have been very good to me as well. The original poster said he would like to pick up some Intel if it dropped down to his price. I suggested he write some puts at "his price" but it seemed to go in one ear and out the other.

EP



To: L. Adam Latham who wrote (90688)10/20/1999 4:48:00 PM
From: AnnaInVA  Read Replies (1) | Respond to of 186894
 
Well, now you can roll them to the 65's ;)