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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John Pitera who wrote (9881)8/10/2000 7:02:49 AM
From: Monty Lenard  Read Replies (2) of 436258
 
"that a put position that is covered is done in puts"

John, I understand that it does not have to be done that way and I don't believe I said that.

But I also understand that it does not mean someone is going to be "FORCED" to start buying the stock to "COVER" the puts as the referenced post suggested.

Monty
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