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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: LemonHead who wrote (6777)2/5/1999 5:29:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Keith, No, you pay what you "insured" the Put buyer for - $55. Even if the price has fallen to $25 or $0.00!!! That's the down side of having an Insurance Division of your Warehouse!

With AIM, you most likely would have purchased those shares anyway, so it's almost a non-issue. In a free fall, it can get pretty frustrating. A Buy LIMIT ORDER will do the same thing.

Best regards, and "USE WITH CAUTION!!!",
Tom


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