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To: Jill who wrote (4096)3/2/2000 9:13:00 PM
From: uel_Dave  Read Replies (1) | Respond to of 8096
 
Thanks Jill, the S/W is just web trading from the bank. I like that you have a target on the premium to get ( e.g. 50% ) . I still do not know what the 4th position is for opening an uncovered position . Open , close and covered are straight forward, but perhaps I need to review this later. I assume when you sell puts it is the same: sell, puts and open position and then buy, puts and close position.

David


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