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To: Jill who wrote (2756)2/11/2000 10:38:00 AM
From: RocketMan  Read Replies (1) | Respond to of 8096
 
Bought some June 110 CREE puts as a hedge against my June 85 calls. My calls are up over $70 now, and I got the puts at under $6. Figure it's good cheap insurance against a crash. I didn't want to exercise and sell covered calls, the way CREE is moving I would get called.