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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: Schiz who wrote (715)2/18/1998 1:37:00 PM
From: kabbott  Read Replies (1) | Respond to of 2241
 
Question from a total dummy--
Say you own one xyz march60 put.
You have the right to sell 100 shares of xyz.
If you exercise, what happens to the money from the sale?
Sorry if this question is too stupid to deal with.