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To: Sam Citron who wrote (7499)1/17/2004 5:51:13 PM
From: Gottfried  Read Replies (1) | Respond to of 13403
 
OT *** congrats, Sam. Must be very satisfying. :) Gottfried



To: Sam Citron who wrote (7499)1/17/2004 11:27:11 PM
From: semi2000  Read Replies (1) | Respond to of 13403
 
Sam,

when you sell puts, does brokerage actually expect cost of share purchase in your account? If so how it works. Lets say I sold one put on LLTC Jan 6, 40 for say $5. I will pay 500+commision. However, does $4000 expected in my account.
thanks a lot.