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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (53071)7/18/2001 9:24:21 AM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
by calling your broker <g>

I guess that you get to unload the stock on the put seller.



To: GROUND ZERO™ who wrote (53071)7/18/2001 9:26:40 AM
From: Gersh Avery  Respond to of 94695
 
Actually they got these funny puts now days.

A company writes put contracts. If the stock drops in value they deliver stock to cover the difference in value.

In this case you get extra stock.