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To: AmericanVoter who wrote (14546)12/6/1999 5:15:00 PM
From: HG  Respond to of 19700
 
It doesn't matter really when the position was created or who created it. The money has been spent by someone. Money is being lost or will be lost. Thats the law of options trading - remember ? Creating a put spread cannot be done by an individual - someone on the other side bought (or sold) too. So real money will be lost or gained. Zero sum game - one person wins at the expense of others....

BWDIK - But what do I know ??? LOL Its the standard disclaimer !!!!!

Happy trading/investing.

HG