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Take me back to where I was.
  • Date: 10/28/14 9:24 PM
  • Number: 188
  • Recommendations: 2
rdchin

Exactly :-)

There are many ways to be "bullish" or "long" on a stock without directly owning shares. Selling puts against stock that I would be happy to purchase at a lower price is one way to do it.
(Continued...)
  • Date: 10/28/14 8:54 PM
  • Number: 186
  • Recommendations: 3
Hi WSJNC,

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
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Take me back to where I was.
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