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To: George the Greek who wrote (34048)11/5/1999 8:15:00 PM
From: jmac  Respond to of 93625
 
At this point in time, I don't see much point in going out a year. Events are happening now. So, I use current month and next month options. For instance, the Nov 80 calls have a small premium now to the stock and limits the downside to 80.