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To: OldAIMGuy who wrote (6776)	2/5/1999 4:42:00 PM
From: LemonHead	Read Replies (1) of 18928

What happens if the price of the PUT option closes at or below $55 in June? Well I still keep the $1150 but have to buy 200 shares of stock at $55 to cover the contract obligation. What if the price closes at $45? Do you pay the $55 or the below price? Thxs Keith

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