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To: Charles Tutt who wrote (134779)6/28/1999 10:32:00 AM
From: edamo  Read Replies (1) | Respond to of 176387
 
charles....ototot

my position is naked put not equal to covered call

am i missing something???? naked put=short option=long underlying
covered call=long option=short underlying
naked put profit if stock up or flat, covered call profit if stock flat or down

????? if incorrect, please to enlighten...much appreciated..thanks, ed a.