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

To: sjemmeri who wrote (57091)4/23/1999 10:23:00 AM
From: Knighty Tin  Respond to of 132070
 
Steve, The main reason right now is high premiums. I actually bought IIX puts last spring/summer and made good money with them. But the premiums have jumped tremendously since then. I just see more return for the risk in other issues.



To: sjemmeri who wrote (57091)4/24/1999 7:38:00 PM
From: gbh  Respond to of 132070
 
Steve, I think if everyone stopped buying puts and shorting these stocks, they might actually come down. No more squeezes. But alas the squeeze cycle continues, with no end in sight.

Gary


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