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To: Glenn D. Rudolph who wrote (62142)6/13/1999 8:37:00 AM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 164684
 
Glenn,
Perhaps he's short via puts vs. shorting the common? I guess his hedge is going to $0 on each contract instead of negative with the common. Best of luck to him - not!
JF3



To: Glenn D. Rudolph who wrote (62142)6/13/1999 1:15:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
> How can you be short and never go on margin? I need to hear the genious speak.

Glenn, PUTS. Yes, technically it occurs in a margin account, since all option activity must, but there is no way to lose more than your initial investment.

I only have common short shares in a few small positions, for companies that are too pathetic to have options traded for them.


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