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To: jbn3 who wrote (130942)6/4/1999 9:35:00 AM
From: jim kelley  Respond to of 176387
 
01's instead of 00s.



To: jbn3 who wrote (130942)7/11/1999 3:41:00 PM
From: freeus  Read Replies (2) | Respond to of 176387
 
Well now I've bought and sold calls and sold puts.
Tell me a little about buying puts.
To me the Dow and Naz look too high too fast: I would like to buy puts for the winter on the indices.
1. How do I decide on the strike price?
2. How do I decide on the month?
3. How do I decide (or do I?) that a price to pay for the put is a reasonable one?
Thank you for the lesson!
And I'm sure everyone else interested in options thanks you too!
Freeus


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