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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (18470)	5/24/1998 3:39:00 PM
From: Sonki	Read Replies (3) \| Respond to of 50167

judy, employees who are granted stock options are NOT allowed to short the company stock. i don't know if the company it self can short or not. what is selling covered puts? is it shorting a stock and then selling puts in hopes to be able cover the short and make mony w. puts? On friday, i sold pfe puts. not sure weather to close the position or to ride out to expirations. sold jan99 $100 for 8.36. never done that before and don't like to do such things. msft and dell will not have to exercise at those prices. you might want to look into vvus for a quick trade.