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


To: taxman who wrote (1016)1/25/2000 11:48:00 AM
From: Jerry Olson  Respond to of 1235
 
well CSCO just pulled BACK to support, and i doubt they will miss..but..if they do??? no biggie...i could own CSCO without much pain...the trade was basically unrelated to the earnings report...

the key to my trade would be the pullback before the earnings report...if it broke out, i would not do the trade...

i don't sell NP's on breakaways or 52 week highs..i buy them on knockdowns on selected stocks i follow, each and every month and quarter...

regards to you...



To: taxman who wrote (1016)1/25/2000 11:51:00 AM
From: tyc:>  Respond to of 1235
 
<<"the percentage is above 75%" i'll accept that. and furthermore the implied volatility almost always goes up just prior to an earnings announcement.

What a great opportunity for entering a "hedged straddle"... high implied volatilities ! You've got to love 'em.