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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (4959)	3/14/2000 11:45:00 AM
From: Jill	Read Replies (1) \| Respond to of 8096

I could have bought them back (sold 2 puts) and rolled out to a later month at a lower strike and waited it out. But I'm not going to. This thing trades up and down like wildfire, I'm waiting until next week, after options expiry when there's some premium decay, and enough of a bounce up that at most I take a 20% loss. I know how you feel about selling puts, so let's not discuss it further now--I'll let the thread know when I buy them back and why and the outcome.