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To: Jeffry K. Smith who wrote (7692)5/8/2000 10:48:00 AM
From: edamo  Read Replies (1) | Respond to of 8096
 
i'd wait...exhibit caution on close expirations, sell only if you desire and would accept assignment



To: Jeffry K. Smith who wrote (7692)5/8/2000 11:02:00 AM
From: SecularBull  Read Replies (1) | Respond to of 8096
 
Do you need the trading profits, or do you merely want them? The risks at this point are weighted towards need, and not want.

LoF



To: Jeffry K. Smith who wrote (7692)5/8/2000 11:03:00 AM
From: Tom K.  Read Replies (1) | Respond to of 8096
 
...I am thinking about selling puts here, making sure of course that I have plenty of capacity to be put to....

Jeff, I've posted before my concern that we ae in a down market and therefore not exactly a PUT sellers dream.

But if you must, my suggestion is pick a solid earner, give yourself plenty of cushion, stay near term, wait for a dip (see bollinger bands), and have the capacity to take it.

Good luck. Let us know so we can root for you.

Tom