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To: Voltaire who wrote (7786)3/16/2000 1:41:00 PM
From: seahorse  Respond to of 35685
 
Thanks V.



To: Voltaire who wrote (7786)3/16/2000 1:56:00 PM
From: scrupulous  Respond to of 35685
 
It is like a candy store with lots of wonderful treats today.



To: Voltaire who wrote (7786)3/16/2000 4:17:00 PM
From: Jill  Read Replies (1) | Respond to of 35685
 
Volty, maybe they just wanted to buy tech stocks cheap. They rotate out, sector temporarily goes kaboom, and they rotate right back in at bargain prices? Meanwhile they get to lock in profits on paper and who cares cuz the individual pays the tax.



To: Voltaire who wrote (7786)3/16/2000 4:23:00 PM
From: Dealer  Read Replies (3) | Respond to of 35685
 
Hey! Voltaire, About that chapter on stress!!!!!! I gotta read that again......I think what I am beginning to pick up is to cover your butt at all times.

I had bought back March and should have sold my April calls yesterday but I was a pig and wanted to wait until today....well this morning....Accutrade almost became the proud owner of the Double "D" Dude Ranch and one of my shirts.

I checked out and left home.....you know looking for things to do, dry cleaner, hair, stuff (female stuff)....came back and ELON was -4. then -3, then even -0-. Jumped on that sucker taking my chance to sell those calls. Sold the Aprils at 16.25, high for the day, it closed at 13.00.....I lucked out that time but I ain't'a gonna be uncovered no mo, no mo, no mo, no mo...........I gotta stop trying to squeezing.....every last penny.

You my main man! Dude!

Dealer-dude--got on my shirt and still hanging on to the Double "D" Dude Ranch.



To: Voltaire who wrote (7786)3/16/2000 6:14:00 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 35685
 
watch for all those bearish option bets to lose money
tomorrow is triple witch
stock index options, futures options, and cannot remember 3rd

imagine owning a Dow option put with 10,500 last week
now they might expire worthless

got a real question, need help in understanding
want to raise some cash, since overspent last couple days
I just love a firesale
doubled up on CREE at 140 neighborhood, worked well with 150 close
but in process took on a substantial Fedcall
my account is being transferred, somewhat in dark on margin buypower

thinking of selling some Jan2001 LEAP puts
for QCOM at strike price 175-185
for CREE at strike price 200-220

they are rich as hell with intrinsic value and premium
could someone help me to understand:

- what deposit must I put up?
- does deposit increase when shorted Puts are deepinmoney?
- does it matter that I hold stock for each?

I would go over to Options G&K thread, but not after my feminist confrontations lately
I dont like certain aspects of that thread (all I will say)

much appreciated
/ Jim