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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (5102)3/16/2000 9:24:00 AM
From: taxman  Read Replies (2) | Respond to of 8096
 
"You really don't want to sell puts unless you have the capacity to be "put" i.e. buy the underlying stock"

why do you need this? you can always close out your short by buying the put to close. if the stock is unexpectedly put to you, you can immediately sell it.

regards



To: Jill who wrote (5102)3/16/2000 10:05:00 AM
From: Gregory  Respond to of 8096
 
Thanks Jill!

Well, I guess if my exposure is to buy back for ammount up to $2,000-$3,000 I will be O.K.


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