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Technology Stocks : IBM
IBM 289.94-2.5%Nov 18 3:59 PM EST
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To: Anthony who wrote (2656)3/18/1998 1:06:00 PM
From: Rajiv  Read Replies (1) of 8218
 
You can do that too.

e.g. I own the Jan 99 Strike=100 Puts. I can sell than anytime
to close out the position. In fact, I will surely be selling them
as I do not want to exercise the put contracts.

You can get out of any open open position before the date of expiry
(assuming that these contracts trade with reasonable volume).

Regards,
Rajiv
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