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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: kapkan4u who wrote (168965)	8/2/2002 12:55:56 PM
From: Road Walker	Respond to of 186894

Kap, re: Umm, this is not how it works. Anybody can buy my position. Do you think you sell your INTC to the same person you bought it from? Umm, yes it is. The MM's make the market, they buy from one trader and sell to another. But when the MM has no one else interested in your contracts, as looks to be the case, then you have to convince the MM to take them back (he was the one you opened your position against, he is short the puts). re: I said before its primarily a hedge not a trade. A hedge is a trade. re: I am forecasting that QQQs will trade in the $10-$20 range for the next 2+ years. 400 contracts at $20 and 1000 contracts at $13 is perfect for this range. That doesn't sound like you are hedging anything, just making a bear call on the 100. Good luck, I think, John