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To: maceng2 who wrote (46864)12/13/2000 9:37:37 AM
From: pater tenebrarum  Respond to of 436258
 
well, with such low premiums, i don't see a problem...i also sometimes buy low premium long shots...most expire worthlessly, but the ones that do come home are more than making up for that. i once bought an INSP put for 5/16th that i subsequently sold for 28 in the April BK. that was probably my best put trade ever, and the thing went even higher after i sold it, to well over 30 bucks. that can't happen with T of course, since it would require the stock to trade at a negative value...-g-