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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST
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To: edamo who wrote (110942)3/23/1999 6:35:00 AM
From: arthur pritchard  Read Replies (1) of 176387
 
edamo: I don't understand what it means, to sell covered calls, on exercised puts. Thanks. I assume you would be the writer of the put. So by exercised put, you might mean stock has been put to you, because the price went down--reducing the value of your shorted put. I therefore assume that having written the put, and realizing your "mistake" you write a covered call "before the stock price goes down too much"---which reduces your losses from the shorted put position, when you close it out. TIA
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