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To: Sam Citron who wrote (9829)2/15/2005 7:19:22 PM
From: Kayaker  Respond to of 13403
 
Sam, that was a "buy to open" on the AAPL puts. I go far out and deep in the money to be conservative. There is only about 1 point of time in them. Delta is -.89. AAPL is well above its high of 2000. Ipods are going to have more competition. The new Shuffle is a bit lame IMHO. Buying of the shares is a wee bit frenzied.

I AM up to my eyeballs in various puts these days. Not my usual thing.