Re: [RT] What's wrong with the stratagie in #21907?/Ray et al

["prosper1000" <prosper1000@xxxxxxxxx>]

Here is is Ray,

It should have been sell an at the money put and sell the underlying. 
I want to know if I am clear about what can go wrong if the price 
goes up, stays about the same, or goes down. If the price goes down 
the the loss on the option and the gain on the underlying should 
cancel out. If it goes up, you maintain the value of the sold put, 
but you lose on the sell of the underlying. I guess that a stop, 
would stop the loss on the underlying, but then your put would be 
naked agian.

Thanks again.

Prosper


--- In realtraders@xxxxxxxxxxxxxxx, "Ray Raffurty" <r.raffurty@xxxx> 
wrote:
> Hi Prosper,
> 
> No I didn't get the second post.  I've noticed that happens 
sometimes with Real Traders and/or Yahoo.  What did it say?
> 
> Good luck and good trading,
> 
> Ray Raffurty
> 
>   ----- Original Message ----- 
>   From: prosper1000 
>   To: realtraders@xxxxxxxxxxxxxxx 
>   Sent: Thursday, March 27, 2003 1:24 PM
>   Subject: Re: [RT] What's wrong with the stratagie in #21907?/Ray 
et al
> 
> 
>   Hi Ray,
> 
>   Did you read message #21907? I got the origionaly stratagy in my 
>   first post wrong. I redefined it in post #21907. Sorry about 
that. I 
>   would still like to hear what you and others have to say about 
it. 
>   Thanks
> 
>   Prosper 
> 
>   --- In realtraders@xxxxxxxxxxxxxxx, "Ray Raffurty" 
<r.raffurty@xxxx> 
>   wrote:
>   > Hi Prosper,
>   > 
>   > There is nothing wrong with any strategy as long as you 
understand 
>   the possible risks and rewards:
> 
> 
> 
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