The Interpreter Posted May 4, 2009 Posted May 4, 2009 http://finance.yahoo.com/news/Six-Flags-An...26782.html?.v=1 Quote
Oldiesmann Posted May 4, 2009 Posted May 4, 2009 Care to put that in terms that we can understand? I looked up "put" on Wikipedia and still have no clue what it is Quote
The Interpreter Posted May 4, 2009 Author Posted May 4, 2009 This probably puts it best: ...a put, which is a contract that allows the holder to sell a given stock at a specific price within a designated period of time. Puts and calls are both types of privileges, or options, that add flexibility to the securities market. In return for a put or call, the investor pays a fee to the potential buyer or seller of the stock (the maker), who, in turn, pays a commission to the broker who brought the two parties together.... http://www.infoplease.com/ce6/bus/A0840593.html Quote
The Interpreter Posted May 5, 2009 Author Posted May 5, 2009 http://pnmx.com/Documentation/StrategyExpl..._Put_Spread.htm It should be noted, however, that such strategies are far beyond the topics normally discussed on this board. I wonder if anyone thought they had to do with Tiger Woods! Quote
Oldiesmann Posted May 5, 2009 Posted May 5, 2009 I'm glad someone understands it because it's still a big confusing mess to me Quote
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