Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: bj56 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1155  
Subject: pre-declared transactions Date: 5/21/2007 5:51 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Hello,

I want to buy put options as a hedge for a stock that I own. But I am bound by a certain condition (for slightly complicated reasons, so I won't elaborate) that I have not been able to meet: to take this hedge requires that I pre-declare the the date of sale of the put options. After opening my postions, I would only be allowed to exercise or sell on that date. So these puts would be like european-style options but with the added restriction that sale as well as exercise of the options could only take place on a certain date.

Does anyone know of a way to do this or a broker that could accommodate such a request? My broker doesn't give me this possiblity, nor do the other two brokerage houses that I have tried. I realize that it is unusual and probably counter-intuitive, but any thoughts would be welcomed.

BJ
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
Macro Economics

Book Review: "The World Before Yesterday"
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement