Seeking Alpha
  • 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
    Reply (4)
    • 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
    • losbronces: By the way, the Feb 2012 options don't trade after the 17th.
      2/1/12
    • 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
    • losbronces: Yes, the negative number indicates that you are selling the put contracts in that system.
      2/2/12