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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Percival 917 who wrote (5354)10/4/2000 8:06:15 AM
From: im a survivor  Read Replies (2) of 65232
 
<<The only thing I can find to question in your post is the amount $8000. If you sell one put and get a premium of 8 5/8, then you will get $800 not $8000 deposited, unless I missed something.>>

Correct, I would only get the $800 on the premium.....I would however need the $8k buying power in my account in order to cover the PUT which had a $80 strike.

Thanks....keith
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