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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: DepyDog who wrote (730)	4/7/1999 8:21:00 PM
From: Michael & B.Anne	Respond to of 1652

Hi depy puts are contracts guaranteeing you the right to SELL a security (say AOL) at a set price for a limited time in the future. You buy this contract. The less time there is on the contract and/or the further the contract (kick in) price is below the current price ... the less expensive. to do this you need to have a brokerage account that allows you to trade in options ... but lets stop there. send me email at woozler@rof.net You gotta read a little bit* I cannot (will be so careful not to) make a recommendation. But learning choices and what they cost, and how they work, and why you might consider using them is sometimes useful.. regards