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To: kapkan4u who wrote (79114)5/2/2002 3:51:09 PM
From: ElmerRespond to of 275872
 
You can only "pocket some change" when you cover your short put for less than you sold it for. Rolling out is more akin to digging a deeper hole IMHO -- you pay the spread, the commission and get yourself on a hook for few more months.

True but I'd rather roll out right now than take assignment. I have the cash to back me up but I'd rather not use it.

EP