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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (3164)10/19/1998 1:44:00 AM
From: space cadet  Read Replies (1) | Respond to of 17183
 
Just a quick question on your hedges, to whomever is hedged. If you have hedged by buying puts what strike prices did you choose? Right now both puts and calls are pretty expensive so you really have to pay up for your insurance unless you had the foresight to grab these puts when they were cheap (if they ever were cheap). Another way of hedging would be to sell covered calls, which is pretty attractive as here too the premiums are quite steep.


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