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Technology Stocks : IBM
IBM 301.49-1.4%12:05 PM EST

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To: Anthony who wrote (2656)3/22/1998 11:32:00 AM
From: Bill Martin  Read Replies (1) of 8218
 
Re: ... selling to close a Call or Put option that you bought earlier before expiry date when it is out-of-money?

Bear in mind that although you can (are allowed to) sell out of the money Put/Call options, there are times you can not actually do it simply because there is no willing buyer out there. Options markets typically trade a lot more thinly than equity markets do and you can't always buy/sell whenever you want to.

Bill
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