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To: Gottfried who wrote (7500)1/17/2004 6:22:30 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT Hi G! Selling naked LEAP puts on good quality companies at strike prices where you wouldn't mind buying has been a good strategy for me over the years. Most of the time they expire worthless. Currently, I have short put positions in both XLNX and LLTC (both 2005 and 2006s). I recommend trying it in small quantities to get your feet wet. You may like it!