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To: Tom K. who wrote (129770)5/28/1999 7:38:00 PM
From: Mike Perras  Read Replies (4) | Respond to of 176387
 
To The Thread:

A few weeks back I mentioned that I had finally cleaned out my bookmarks & put the better ones into a one page format. If you missed that post and are interested, drop by the thread, get the link & hey maybe even add a few suggestions.

Have a great weekend,

Mike

Subject 28236



To: Tom K. who wrote (129770)5/28/1999 9:43:00 PM
From: taxman  Read Replies (1) | Respond to of 176387
 
"no [upside] forfeit"

as the stock accelerates on the upside, the rate of absolute point decline in the put decelerates. as you keep rolling into a higher strike, you have more risk on the downside (assuming an equal number of contracts). that you do this on an issue you don't mind owning doesn't eliminate risk of a price decline.

regards