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To: Mama Bear who wrote (48761)12/18/2000 11:39:06 AM
From: chic_hearne  Respond to of 436258
 
Barb,

Thanks much for the suggestion. I paid less than $20K for the puts and they are worth over $100K now, and the last thing I wanted to do was take that tax gain this late in the year. After I hedge the other 40 contracts, I'll be down to zero exposure (for my trading account) which is fine with me for this last two weeks of the year.

chic