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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Dean who wrote (8207)	2/8/1999 9:42:00 PM
From: melinda abplanalp	Read Replies (2) \| Respond to of 56535

Dean, I will but I am afraid you will do a Triffin on me. No blow ups!! I am shy. Melinda

To: Dean who wrote (8207)	2/8/1999 9:46:00 PM
From: DM	Read Replies (2) \| Respond to of 56535

"OT" MEL and MMK Put options instead of shorting a stock you can buy puts on that stock. For instance if you think DELL is going to go down instead of paying 104 per share you could buy Feb 100 puts for 4 5/8 per contract If the stock goes down your puts go up in value and you sell them for more money. If the stock goes up or stays the same, the value of your puts will go down. This is a very down and dirty explaination, for more detail info PM. You can also go to the CBOE web site. They have lots of good info, including quotes that are 20 minute delay. www.cboe.com DM