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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: Jeff O'Brien who wrote (846)	8/28/2000 9:59:36 AM
From: dannobee	Read Replies (1) of 1426

Long and short, not meaning puts to calls, but buying puts or calls (long) or selling puts or calls (short). They don't double count the trade where someone buys a call and another writes the call contract. long call is the right to buy long put is the right to sell short call is the obligation to sell short put is the obligation to buy Does this help? It took me awhile to get used to all the stuff too =) Danno

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