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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (802)1/6/2000 3:41:00 PM
From: OX  Read Replies (2) | Respond to of 1235
 
Ah, recovery strategies...
depends on the prices, but usually roll out one month.
don't do it too early... (now is too early :-)

AOL? strong support at 70 then 66.
IIX good support at 500.



To: jjs_ynot who wrote (802)1/6/2000 6:32:00 PM
From: David Lind  Read Replies (1) | Respond to of 1235
 
Dave, I'd like to see those with more experience respond. But as for me, I would be happy to be put AOL at that price level, so I'd stick with it. This market will turn, and AOL would be a good stock to be holding. I suppose it all depends on your margin level and the number of contracts you are holding. A personal decision.

Other ideas?

-David


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