SPDR S&P 500 (SPY): Au contraire! I sell short Puts on SPY...

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Re: Scripo post# 209970

Friday, 07/29/2016 9:06:42 AM

Friday, July 29, 2016 9:06:42 AM

Au contraire! I sell short Puts on SPY nearly every day and usually Buy to Cover before the close. Perhaps European options must be held to expiration (not sure) but I can guarantee you American options do not and can be covered any time prior to expiry.

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