SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scotty who wrote (26102)10/9/2000 9:09:55 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
they may well lock down, but no-body can prevent you from exercising...in the case of in-the-money index puts exercise is cash settled.individual equities are more problematic...you should qualify your exercise order with an order to close out the open position that results from the exercise immediately.

the clearing house stands in for defaulting counterparties (of which there will be a few no doubt... derivatives, being essentially a zero sum game if we leave premiums aside mean that your gain is someone else's loss).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext