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To: bonnuss_in_austin who wrote (8505)1/5/2001 12:59:33 AM
From: mishedlo  Read Replies (2) | Respond to of 13572
 
Bonus - I believe that was my call on MSFT but perhaps Sam said something as well.

I am so damn heavy in PUTs with so many good targets that I simply can not buy much more here.

My reason was the Extremely tight trading range on MSFT today on high volume.

That smacks of distribution. I look for "Ole Softy" to die hard. That does it damn it. My trading acct is still 95% cash so I guess I will add MSFT leap puts there tomorrow.
50 is simply too enticing. (It is my IRA that is heavily levereged in PUTs)

M