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To: waverider who wrote (7193)2/5/1999 11:21:00 PM
From: SJS  Respond to of 14427
 
Rick,

To get some help mitigating this downturn, I've written some fat calls on stock I own for the same reasons you mentioned. I also shorted a stock, and when it was down, I wrote some puts.

Carefully utilized, options can really goose the yield IF you think about selling them vs. buying them.