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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: Ira Player who wrote (2255)2/7/2003 10:29:36 AM
From: Bridge Player  Read Replies (2) of 2317
 
<<"European" puts this DITM would be selling at a discount. The professionals would buy them and exercise immediately, keeping the spread as the toll for the trade...
>>

Do you mean that pros would buy European puts and exercise immediately????? How would that be possible?
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