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Technology Stocks : 3Com Corporation (COMS)
COMS 0.001600.0%Jan 16 9:30 AM EST
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To: Beachbumm who wrote (10738)11/23/1997 5:33:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 45548
 
at you are assuming the investor will simply ride the decline all the way from 75 to 35. Why? The investor could easily buy back the calls he sold at substantial profit and still exit the stock long before it hits 35. Beachbumm, One can close a naked put just as easy without the need to sell the stock. I cannot understand the confusion here. Glenn
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