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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Robert O who wrote (47496)	5/31/2001 10:16:06 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

Robert O, you are correct naked PUTS can be risky, but the potential short term gains are 2x-4x. I will sell to close soon and use the gains to buy longer term PUTS. If the option goes back to even I will sell and nothing lost.... I use TA charting to guide my investment decisions supported by industry economic dynamics as the catalyst for the volatility/momentum selection....

To: Robert O who wrote (47496)	6/1/2001 8:56:58 AM
From: michael97123	Read Replies (3) \| Respond to of 70976

Robert, I always thoughts buying naked options was risky business. One piece of news against you and you can lose your entire investment. It should never be referred to as "Buying PUTS has little risk and doesn't tie up much capital." as Big Bucks would have us believe. It may tie up little capital but it may lose it at a 100% rate as well while not offering a long term to wait for to be vindicated. And i am talking about calls here as well as puts. Mike