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To: LowtherAcademy who wrote (78311)3/22/2000 10:24:00 AM
From: Bob Miller  Respond to of 132070
 
Lew:

The "smart" way to play MU puts has not worked so far. Except for a few lucky hits, this dog has cost many so-called "value" folks a lot of good money.

I keep on trying><g>. At the current price , deep
puts give you an "out-of the park" opportunity. I am never
wothout a small position.

If you have not bought puts before, do some reading, both
on SI, books, and whatever else you can find. Options can
be quite rewarding, but make sure you fully understand
the risks of what you are doing. One does not invest the
rent money in options.

Best wishes and good luck,

Bob Miller



To: LowtherAcademy who wrote (78311)3/22/2000 11:50:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
yes, whatever you do, make small bets on mu. july is a good strike month as the current q will be a disaster and they will report it in june. maybe a small july bet now. if the price is still high in may, i'd make another small bet on july puts (less time premium).