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To: Night Writer who wrote (26977)6/2/1998 9:36:00 PM
From: Alex Raytselsky  Read Replies (1) | Respond to of 97611
 
Your broker must be very happy, next time just buy stock and sell
coverred calls!



To: Night Writer who wrote (26977)6/2/1998 10:07:00 PM
From: Pruguy  Respond to of 97611
 
i don't get it What is your margin requirement to be SHORT the puts? Isn't the most you can make on the strangle 4.5 less carry and cmn. Why dont u just go naked or long? You may very well have a better strategy but seems to me a little to FANCY FOR JUST A LITTLE MORE GAIN THAT IS CAPPED ANYHOW. caps were an accident