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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (97238)	8/10/2002 3:14:37 PM
From: Tommaso	Respond to of 132070

Have to admit I am not that confident of making $90,000 on $10,000. I think it could be puts on JPM. I did get a triple on those recently, before it bounced up some. I am more confident of the likelihood of doubling the money I put into LEAP puts on the Dow. But let's see: "How You Can Make as Much as $90,000 on Every $10,000 You Invest With One Simple, Low-Risk Investment." LJPMB Jan 2004 puts on JPM, strike 10 If the derivatives destroy JPM so that the stock price drops from 26 to 4, you might be able right now to pick up the put above for .60, and it would go to 6.00. So there's your 900 percent gain. "Low risk"? Well, I don't know. I'd say the way they do, you run a considerable risk of losing your entire "investment." I think I will just stick with congratualting myself on the 200% I already made on this one and leave the 900% to some real cowboy. Or cowgirl. It could certainly happen though!