Elmer, that sort of game is extremely dangerous and I hope noone here will ever play it. It is not really a mirror of covered calls game at all. What sometimes happen, is that convertible bond holders will short and then write puts against the short position. That's a good play. Not for the size of my wallet though.
Thanks for the explanation. As I said, I've never done one of those trades because I never saw a time where it made sense.
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