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To: Jack of All Trades who wrote (105988)6/1/2001 3:28:25 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
don't know. up until this last week or so I was expecting us to break upwards above 12k on the DOW. Now I think that is unlikely ... don't know about a downside target, but expect 10,400 is easily doable by July expiry -- maybe in the next couple of weeks? I haven't bought a put in months -- if I did, I would buy OTM -- why take the risk of losing without a chance to win big?