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Hello stansan,
Stan, I think the point he makes about the commitment of the Long
holder to keep his position is just as risky as the Put Seller. Is at
least not nonsense in fact he is correct. Both parties can loose all
their assets. So why is Put Selling viewed as being so risky?
san> Ric Ingram's verbose argument that selling covered calls
san> is quivalent to selling a naked put is nonsense in its simplest form.
--
Best regards,
TheQuant mailto:thequant@xxxxxxxxx
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