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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (5861)	7/13/2000 11:02:38 PM
From: Patrick Slevin	Respond to of 7434

Well actually I did used to write a lot of Equity puts......but to be more serious I would not trade like that as a rule. You can get crucified doing that stuff. I imagine if I were to get that nuts I would butterfly the trade, write the puts out a certain amount and buy in the puts a certain amount further out. That is a lot of work. But it is the most profitable way to trade options. Anyway, yes it would appear that I have to retire from active trading. I was offered monies to trade over the years and always refused. I cannot refuse this. Maybe what I shall do is use some of the funds to buy a small software company and put them to work on the task of solving my Windows 2000 glitches. There is always a silver lining, you know?