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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?


To: Art C. who wrote (720)2/23/1998 12:31:00 AM
From: Dave Triplett  Read Replies (3) | Respond to of 2341
 
Art; I too read.."the owner of the put has the right-----but not the
obligation".... but that is not the truth. Many brokerage account agreements will state to the contrary. If I forget to exercise or instruct my broker about my puts they reserve the right to obligate me to sell my shares. better check with your broker.