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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elmer who wrote (78898)11/8/1999 4:29:00 PM
From: Petz  Read Replies (2) | Respond to of 1574326
 
Elmer, re:<One cannot purchase a "naked" put> This is standard terminology for a put purchased without the simulataneous purchase of the underlying stock, which is referred to as a "covered put." My IRA agreement, in fact, stipulates that "covered puts" may be purchased, but "naked puts" may not be purchased.

Petz