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To: GraceZ who wrote (170817)	6/6/2002 4:47:51 PM
From: sandeep	Read Replies (1) \| Respond to of 436258

Did you even read what he posted? He could have kept the straddle and made a bundle. The traders who tell you that they wish they had taken one side of the trade don't tell you that when they do, they lose on that one too... One does a straddle because one doesn't know the direction - in such cases, one can't take one side of that trade.

To: GraceZ who wrote (170817)	6/6/2002 4:48:40 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 436258

I am just trying to NOT think about how I could have bought a brand new ferrari testarosa with the profits I would have made in the last 30 minutes, if only I hadn't hedged my puts with a straddle. :( :( ---------------------- Sorry, dude. Its one of the reasons I don't hedge because if you are really right the hedge will screw you. I can't tell you how many times a trader has told me how they wished they'd only taken on one side of a trade.