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To: craig crawford who wrote (22313)10/20/1998 11:25:00 AM
From: OtherChap  Read Replies (1) | Respond to of 164685
 
>Teach you to buy out of the money puts that expire in a month.

My puts were 5 points IN the money when I bought them (Nov 95s). I have a bunch of Nov 60s but they were less than 2 bucks when I bought them.

And when I bought the Novs there were 2 months until expiration, not 1 like you said.

My big losses are in the Nov 95s which were purchased around 18 and are now trading at 6.


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