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To: yard_man who wrote (20361)9/12/2003 6:28:58 PM
From: tyc:>  Read Replies (1) | Respond to of 39344
 
>>the only difference would be the potential to receive dividends if long the stock.

Bravo tippet... an excellent explanation. Actually an intervening dividend is usually built into the price of the put, eliminating even that difference (IMHO)



To: yard_man who wrote (20361)9/14/2003 3:09:15 PM
From: dara  Read Replies (1) | Respond to of 39344
 
tippet, Kastel and Jay,

Very many thanks for your informative and helpful responses (which I am still working on). <g>

dara