02-07-2004, 10:43 AM
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#9
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Vice Admiral
Join Date: Jun 2002
Location: Northern VA
Posts: 4,927
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Quote:
Originally posted by ray
So going Long on the option is the right, but not the obligation. Going Short on the option is the obligation, correct? Therefore, the Long call or put is less risky. The maximum I could lose is the value I paid for the options.
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Thats exactly it!
LK |
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