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To: Kayaker who wrote (5643)3/27/2000 9:07:00 PM
From: Jill  Respond to of 8096
 
Thanx Kayaker, good post.



To: Kayaker who wrote (5643)3/27/2000 9:24:00 PM
From: taxman  Read Replies (3) | Respond to of 8096
 
"short puts...will be low risk"

yes, lower downside risk than owning the stock, but at what a price. you give up almost all of the upside.

same is true of covered calls.

regards