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To: Rich1 who wrote (7613)3/1/1999 8:51:00 PM
From: Broken_Clock  Respond to of 14427
 
I'm not sure I understand your question. Are you asking how much the Jan 2000 30 strike put will be worth at expiration or how much it will be worth if MU hits $21 sometime before then?

If MU breaks below $30 then your put will increase dollar for dollar after that.