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janice shell

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Re: IH Admin [Edward] (Retired) post# 178092

Tuesday, 06/09/2015 9:16:09 PM

Tuesday, June 09, 2015 9:16:09 PM

Post# of 216928
No, he doesn't have to buy them back. If the price of the underlying increases and the puts in question are out of the money on the Magic Day, they just expire and he keeps the money.
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