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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (58)	1/2/1998 5:42:00 PM
From: Broken_Clock	Respond to of 18691

Roger, Sounds reasonable to me. I looked at getting some 2-3 month puts since I don't short(not enough equity).The premiums on Yahoo are insanely priced.It is strictly a traders' stock. Some of the drillers(OSX) have trendous REAL earnings, backlogs, etc. and there is very little incentive to sell options on stock owned since premiums are not so generous. Yahoo has massive premiums making it a good stock to ride up and sell calls on. Hope it meets your justifiable end! When the trend reverses, I jump in with some puts. Dave