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Strategies & Market Trends : Options

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To: avanti77 who wrote (2672)2/10/2000 2:48:00 PM
From: rkral  Read Replies (2) of 8096
 
Jun100 contracts going for $12. So even if I get the stock "put" to me, I'm paying the equivalent of $112 a share. Am I missing something, since that's lower than the price it's trading at today?

No .. you would own the stock at $112 plus commissions. But don't forget .. the stock will have fallen to less than $100 if it is put to you.

Ron
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