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Re: Elmer Phud post# 121811

Wednesday, 08/21/2013 12:38:30 PM

Wednesday, August 21, 2013 12:38:30 PM

Post# of 151805
Selling calls on unexercised options would amount to naked calls. Due to their insider position they are usually restricted on the timing of their sales and would need to use existing holdings to satisfy arbitrary call exercises.

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