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To: stan fisher who wrote (31598)12/19/1997 12:49:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 58727
 
EDITED >>Tom could you get a buy signal on a negative close for the day, for example if we ended today say less than -50 but of course +220 from low.<<

Not on my system, Stan. You should exit your puts based on some other criteria--because you have the deterioration of the premium to cope with which I don't have to worry about.

Addendum:

Stan--I will close out my short calls position if the March futures gets to the 958-960 area