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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%Dec 17 3:59 PM EST

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To: Ibexx who wrote (70572)1/5/1999 11:25:00 PM
From: Elmer  Read Replies (1) of 186894
 
Re: "However, getting assigned on the puts you are short could mean a lot of $$$$ flowing out of one's pocket--it could be an enormous amount that one is not prepared for."

Which brings up the point.. No one should ever write naked puts unless they are prepared to own the stock at the strike price. I've been writing puts on RMBS for many months now and I would be glad to get assigned... But then again I'd be glad to just let them expire...

EP
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