Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Shtirlitz who wrote (1602)	8/17/1999 10:55:00 AM
From: Madpinto	Read Replies (1) of 2241

I ran your question past investor services at the CBOE (1-800-OPTIONS). They said you will be able to exercise your puts (any time between now and expiration). It will put you in the same position as someone who has a short position in the stock. You won't be able to close your position until the stock is reopened for trading.

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