M masonyes Jun 24, 2010 #1 I've bought puts on BP and they are close to the break even point; so how exactly does exercising a put work? Thanks
I've bought puts on BP and they are close to the break even point; so how exactly does exercising a put work? Thanks
J jeb9999 Jun 24, 2010 #5 Quote from masonyes: I've bought puts on BP and they are close to the break even point; so how exactly does exercising a put work? More... Normally you sell the put, not exercise it. As BP made a new 52 week low today I would hope you are making money on the put and not just at breakeven.
Quote from masonyes: I've bought puts on BP and they are close to the break even point; so how exactly does exercising a put work? More... Normally you sell the put, not exercise it. As BP made a new 52 week low today I would hope you are making money on the put and not just at breakeven.
