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To: SJS who wrote (5890)12/22/1997 3:17:00 PM
From: HF  Read Replies (1) | Respond to of 95453
 
Hi Steve,

What do you think of selling deep in the money puts on stocks that you don't mind owning more of. If the stock goes up you get the premium. If the stock goes down you are buying it close to todays costs.

I am interested in doing this on GLM, FGII, GLBL, and RIG.

Anybody have any comments on this strategy?

Hank