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To: NOW who wrote (9463)8/8/2001 4:46:23 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
That's a weekly chart Sept is to close. You would pay .60 prem to get an extra 2mths. If the low will be somewhere in the 15 who cares about .60 you would be selling for 10+... I guess one could look at it being a 5 vs 4 bagger...

25 dell puts
Sept 1.25
Nov 2.00
Jan 2.60