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To: Doo who wrote (4800)4/23/1998 1:21:00 PM
From: Mikeh  Read Replies (1) | Respond to of 9343
 
Jeff,

Right, I understand, if the put is 35 and Seek is 30, it is 5 in the money (forgetting commissions).

But I don't understand your wishing for the stock to go up so that you could "buy more in the money puts."

Is your strategy to buy the puts after the run up, expecting the stock to tank? That I would understand.

Mike