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Politics : Ask Michael Burke
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To: PaperChase who wrote (31516)8/25/1998 5:41:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
PC, Then why not sell the put for exactly the same return with one fewer commissions? Buy and writes are essentially synthetic short puts and, unless you already own Ciena, make more sense than gathering two commissions and two friction costs.

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