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

To: Petz who wrote (79023)11/8/1999 4:37:00 PM
From: Elmer  Respond to of 1574343
 
Re: "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."

John, I think you mean to say a PUT sold without the simulataneous short SALE of the underlying stock, which is referred to as a "covered put.

EP



To: Petz who wrote (79023)11/8/1999 6:12:00 PM
From: greg nus  Read Replies (2) | Respond to of 1574343
 
John, If you are unaware naked puts transactions are not permitted as a prudent investment for an Ira account. Therefore they are restricted from ira accounts. Thank our goverment for protecting your investment interests. You may of coarse go naked in a taxable (ordinary) account. But you probable know all this.


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