SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTERNET MANIA! Day Trading Net Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Generic who wrote (928)12/23/1998 10:56:00 PM
From: William  Read Replies (1) of 1054
 
If you were to buy a put, you would enter an order to buy and it would be 'opening' a position. If you later sold that same put, you would enter a sell order and it would be 'closing' a position. To 'sell' a put as you are asking about, you simply enter an order to sell a put and it is 'opening' a position. You are paid the net amount for the put. If the put is then exercised, you have to fork over the strike price and you own the stock, keeping the put premium. It is just another way to pick up stock at something under the market price as of the time you enter the order. Not quite as flexible as limit orders, but maybe more profitable.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext