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No. of Recommendations: 3

I'm sorry for any confusion. I am *short* the $18 puts. This means that should the stock closes *below* $18 on the day that the options expire, then I will be forced to purchase shares at $18.

The position is a bullish one because I did not expect the stock to go below $18 by expiration. It also means that I am willing to purchase the stock should it go below $18, which is clearly not a "bearish" or a "short" position.

I hope this helps.

Fool on!

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