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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (16032)12/30/1997 8:46:00 PM
From: Getcher  Read Replies (1) | Respond to of 50167
 
Ike,

Thanks for the note ... good to see your 16031 post on where markets are headed. I am so glad to see the thread "Rockin' and Rollin'" as OJ might put it. Also glad to see the market doing so well!!

Look at the put premium still in the SOX. I may sell SOX March 210 Puts for 5 3/8!!! 20% OTM and the premiums are unbelievable ... any warnings here? Well below support and 52-week low #! Where oh Where is the risk hiding!!!!!

GETCHER (Others thoughts on this strategy quite welcome)