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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (23528)	5/18/1999 2:51:00 PM
From: SE	Respond to of 44573

I think no matter how you read it.....the net profit or loss would be considered from the long at 39, period. Had the market gone the other way on you, the net profit would have been earned by the closing of the long trade whereever that would have been done. Being long and short is a flat position.....only if there is a premium burn somewhere will you make money on the postion by holding both ways.... I think. Yes, it was fun....all except the real live long you took. Sorry about that one....