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To: TimeToMakeTheInvs who wrote (147636)11/18/1999 11:31:00 AM
From: edamo  Respond to of 176387
 
ttmti...re:itm puts..

to me it is a long term bullish, shorter term bearish or neutral posture. less risk then long imho, but what do i know!

gives me the potential to "back in" to a position, and get paid to do so...

many may preach that you limit your "opportunity", why not go long ???...can't spend opportunity, cash is nice, and get a great return on the capacity of my portfolio, which otherwise sits idle...better then margin borrowing.