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To: Skeeter Bug who wrote (6323)6/17/1998 2:05:00 AM
From: F The  Read Replies (1) | Respond to of 164684
 
SB,

>>i own cmb jan 55 puts as i think they melt down eventually for the same reason. also, the derivatives may work to the down side, too<<

I like that idea. CMB has pretty big exposure in Asia. I will look into CMB option. Do you know when are they reporting earnings? But this quarter may not affect them yet.

>>i'm thinking about buying some short term calls to protect my long term puts!<< Some people do both and made money.