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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (48933)	7/31/1998 1:27:00 PM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 58727

Donald Sew: Been following your posts for more than one year. Thanks for sharing your analysis. When you initiate puts, what do you consider: SPX vs. OEX Near term(Aug/Sept) or longer, depending on your read of potential decline I've been caught buying too soon before declines and too near term because of desire to buy puts at a lower price, since premiums seem very rich, like now. Looks like the market is reflecting your read for a decline very soon Thank you vocex