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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (39514)10/12/2003 12:47:47 AM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
Hi Haim:

"Synthetic Put: a security which some brokerage firms offer to their customers. The broker sells stock short and buys a call, while the customer receives the synthetic put. This is not a listed security, but a secondary market is available as long as there is a secondary market in the calls."

from "Options as strategic investment" by Larry G. McMillan (*)

RegZ

dj

* he even signed it for me 8-)!
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