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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (51693)3/12/1999 6:09:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
Sometimes you can be surprised about a put retaining more premium than you would think. I had that experience with CDWC -- I bought an April 80 for 3 1/2. I sold it when CDWC hit 70 for 14 1/4 -- thus there was actually more premium (4 1/4) after it went in the money by 10 points, but if an option goes 40 points in the money -- the premium is going to be long gone for sure ...