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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (36887)9/9/1998 5:49:00 PM
From: StockMan  Read Replies (1) | Respond to of 1570842
 
McMoron,
Re -- short position...

This is what yousef said..."I will consider selling the rest of my "short position" if AMD breaks $20 again."

Buying a put is considered opening a "short position" NOTE the difference McMoron, its not "shorting the stock".
Selling a put is considered closing a "short position"

TAKING A SHORT POSITION MEANS BETTING THAT THE STOCK WILL GO DOWN.

Be careful before you lose your shirt in the "investing business", since you dont understand it.




To: Jim McMannis who wrote (36887)9/9/1998 10:16:00 PM
From: Elmer  Read Replies (1) | Respond to of 1570842
 
Re: "The right but not obligation to buy or sell an underlying security at a latter date, based on a strike price and expiration date."

Selling a put does indeed take on the possible obligation to buy. How do you think I picked up my AMD shares?

EP


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