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stumacado
If you were to enter a SELL order for
LULU
Feb 18th 2012 60 strike PUT, how would you enter the order?
2/1/12
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losbronces
:
Assuming you are selling naked puts: sell to open
X
contracts $60.00 Feb 12 puts.
X
is number of contracts...
2/1/12
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losbronces
:
By the way, the Feb 2012 options don't trade after the 17th.
2/1/12
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stumacado
:
Thanks! My trading system requires the number of contracts to be entered using a negative number (-5). Does that sound right?
2/1/12
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losbronces
:
Yes, the negative number indicates that you are selling the put contracts in that system.
2/2/12
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