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To: GROUND ZERO™ who wrote (541)3/22/2000 4:52:00 PM
From: IndexTrader  Read Replies (2) | Respond to of 33421
 
GZ,

hmmm...
I have never shorted puts before, just stock. Assuming the puts expire worthless, how do you close out the transaction?
If they are selling, let's say, for 1/16 do you just let them expire?
Would shorting puts be more profitable (than buying calls), since you benefit from the erosion of premium?

I will look into this.

Thanks
Susan