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Casprs1

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Casprs1

Re: 3xBuBu post# 39112

Sunday, 11/16/2008 5:07:45 PM

Sunday, November 16, 2008 5:07:45 PM

Post# of 72979
But, if I'm reading that correctly now, if you have PUTs then basically they just dump a bunch of cash in your account and you now have an open short position. If your in the money that would mean you could buy to cover and you'd be fine. Only issue would be if you were long on a CALL and it converted and you don't have enough cash in your account to actually buy that stock. Correct?

The difference between genius and stupidity is genius has its limitations, stupidity doesn't.

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