Dell Technologies Inc. Message Board

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Technology Stocks : Dell Technologies Inc.

DELL 125.97

-1.0%

Nov 25 3:59 PM EST

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To: edamo who wrote (117331)	4/15/1999 6:31:00 PM
From: Jeffry K. Smith	Read Replies (1) of 176387

EDAMO - do you, or does your broker make sure you have sufficient funds to cover being put to? Have you ever been put to on a date prior to expiration date? I realize that this situation may be rare, but am still wondering. The situation you describe (as I understand it) is: close to expiration date (how is the term "expiry" used?), your strike price is much above the current stock price... So, you buy back the about to expire options and sell puts further out - right? It goes without saying that this should not be done with a stock you are not comfortable owning at the strike price. TIA, Jeff Smith

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