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To: Dealer who wrote (26194)7/21/2000 10:09:15 AM
From: Clappy  Read Replies (1) | Respond to of 35685
 
Dealie, do you ever buy puts on the weaker companies?

They are usually the ones who fall the hardest...

One hedge would be to buy calls on the strong and puts on the weak until a definite sign of resistance is tested...

I would guess that Aug. puts may see a rise in price somewhere between now and the next expiration...
Earnings season will end shortly and a lot of volume may drop off. With volume dropping, so will the share prices.
At least to some level of resistance...

Again, this is coming from a stooge. Take it for what it's worth. 2 cents is expensive for this stuff...

-Clappy