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To: jjstingray who wrote (67491)2/26/2003 4:36:39 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
If your puts are getting unusially cheap it is bullish, as Option makers try to lure in put buyers. IMHO



To: jjstingray who wrote (67491)2/26/2003 5:44:21 PM
From: At_The_Ask  Respond to of 209892
 
There is a sweet spot somewhere between too far out and too close. Ideally I think one should just buy itm's and let the increase or decrease in the underlying determine your profits.


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