MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: peacelover who wrote (7417)	2/28/1998 4:02:00 PM
From: JZGalt	Read Replies (1) of 42804

OT - selling puts. If you continue to use Gary's example of selling the $35 ASND puts. By selling the puts, you are obligating yourself to buy the stock at $35 if held to expiration. Consequently if the stock is below $35 at the expiration, you will be buying ASND at $35/share. Selling puts also has margin requirements vs. just being bought in a margin account. Talk it over with your broker to make sure you understand the margin required to sell naked puts. I'd recommend taking one of those options short courses that are given by the Options Industry Council. Nice basics and they give you the OptionsToolbox software to play with possibilities before you use real money. ---- Dave short July 30 MRVC puts

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