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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: TigerPaw who wrote (2002)10/19/2000 3:44:48 PM
From: David Lind  Read Replies (1) of 2241
 
Your other alternative is simply to roll the put out, depending on where INTC is at expiration. For example, at present you could roll out to a Nov 45 and gain nearly 2 pts in time value while not having to take the stock. Just because you've written an NP doesn't mean you must take the stock. You DO have a choice in the matter.

Regarding your other question about writing a naked call, in one word: NEVER.

David
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