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To: George Dvorsky who wrote (2990)3/2/1998 11:37:00 PM
From: hpeace  Respond to of 3276
 
it doesn't make sense to buy the stk and puts when you can sell a put and buy a put.
this equals buying the stk and selling a covered call and buying a put.
it's chaeper and more profitable and ensures next to no risk if you find one you get credit 8 for.

if you already own the stk then sell cc and buy put.
otherwise in this market only sell a credit bull put spread.