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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: Howard R. Hansen who wrote (2089)6/12/2001 7:47:08 AM
From: LKO  Read Replies (1) of 2241
 

What does the term "short put" mean?

Here is how I remember it.

Long anything - you buy the thing to open a position (and
then sell it to close position.)
Short anything - you sell the thing first to open a position
(and then you buy it to close position).

So, "short put" means you sold a put.

You can find the term used in this tax guide for investors from Options Industry Council site.
888options.com

LKO
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