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To: Elmer who wrote (154821)1/11/2002 12:27:53 PM
From: TimF  Read Replies (1) | Respond to of 186894
 
A real stock stud would have sold naked calls to pay for the puts.

That would reduce the number of puts you could buy. Yes you would get money for the calls but your broker would probably require some level of cash as margin for the short calls and this would probably be a higher amount of cash then what you would get from selling the calls.

Tim


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