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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (4688)	9/25/1998 12:27:00 PM
From: Tom Trader	Read Replies (3) \| Respond to of 44573

Don. thanks for the feed-back/read--appreciated as always I am in this curious position with the OEX where between calls and puts and ratio-writes and so on, it would be impossible for me to lose money unless the OEX takes out 535 or so--and if it gets to about 520 I'd be way ahead. But well before that happens I'd have taken some defensive action. I am long some 470 puts and would like to do a ratio write on that as well--but that would leave me partially exposed on the downside and given all of the feed-back from different sources I am wary of doing that right now.