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

To: advocatedevil who wrote (57921)	12/20/2001 2:52:49 PM
From: mitch-c	Respond to of 70976

Thanks ... though the fingernails I was hanging on with were getting thin ... <g> Keep in mind that, compared to the amounts you are working with, I'm generating chicken feed. Usually, any option position I take is in the $1K to $2K range, so a huge percentage return on comparatively little risk capital isn't as lucrative as it might seem. One reason I buy options instead of shorting is that I know, up front, exactly how much money I can lose if the trade goes wrong. The open-ended nature of a naked short scares me. Since I have a day job, I can't watch every tick - but I can admire your agility! - Mitch