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To: Ibexx who wrote (55350)12/21/1999 1:19:00 AM
From: PAL  Read Replies (2) | Respond to of 152472
 
Puts sold at $28 a months ago (April 310) already dwindled to $12, and I intend to let these expire worthless.

Why? You can close them before expiry and sell Apr puts at higher strike price, collect more premium.

As an option player, you've got to be nimble. I don't follow just one single strategy.

Right on. The only strategy to follow is the one that makes money.

best regards

Paul