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To: Tim Cruise who wrote (103029)2/19/1999 1:56:00 PM
From: Kayaker  Respond to of 176387
 
Tim, thanks for your note. I'm selling puts in some situations with the goal of acquiring the stock, and in some situations just to capture the premium, but will be OK if I end up with the stock. Lots of interesting strategies here.

Bob

PS. Hope you're enjoying Bermuda. I think I'm envious of your tax rate. Top marginal rate here: 54%, 40% on capital gains.

Salt Spring Island
British Columbia