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Technology Stocks : Applied Magnetics Corp
APM 1.425-13.1%3:59 PM EST
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To: PRO TECH who wrote (11622)3/26/1998 10:09:00 AM
From: Dave Chanoux  Read Replies (3) of 12298
 
ProTech, can you help me with this stuff? What do you mean by a closing transaction? If someone is selling puts, doesn't it follow that someone else is buying them? (That wasn't supposed to sound that stupid).

Can anybody write in a few words the rational behind buying or selling puts as to how they relate to other transactions - like buy shares and sell puts to hedge if you expect a rise - is this something someone would do?

Thanks,

Dave Chanoux
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