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Caterpillar Inc. Message Board

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  • Englishlaw Englishlaw Nov 1, 2011 9:30 AM Flag

    selling puts

    My understanding is that you can be "called" anytime the stock is below 92.50. The person who bought your Put can exercise it at anytime it is profitable to him/her. You can also buy the exact same put back, albeit at a higher premium than you sold. This will close the position and you will not need to buy the shares.

    DISCLAIMER
    I'm a novice. Confirm what I have stated.

 
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