Hi, Paul.

PE> PE> No.  But I think there should only be two examples.  One for call
PE> PE> and one for put.  BFN.  Paul.

PE> FM> I think there should be 4 - buying/selling, call/put - for a basic
PE> FM> options primer.

PE> The one call example will show it from the buyer and seller's
PE> point of view, no?  You can't have a buyer without a seller,
PE> after all.

That's true, but your examples were to illustrate in what circumstances
you would use each one (I thought). And that will be different for the
buyer and the seller.

Even the basics are different - eg BUYING a CALL gives you the right but
not the obligation to buy shares at the exercise price. SELLING the same
CALL gives you the obligation (at the buyer's whim) but not the right to
sell shares at that price.

Regards, FIM.

 * * Always question Authority; oft venal and rong
@EOT:

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