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    The value of the long position equals zero or the exercise price minus the stock price, whichever is higher. My approach is what I want as I am not clever enough to predict how the share price is going to perform accurately enough to buy and sell all the time. Propane Service For Home, Business and Industry. The seller or writer of the put option is obligated to buy the stock at the strike price. The punters don't get any help when the contributions fall in value if they are invested in munters, so why should they be penalised if they rise in value as a result of being invested in superstars, eh?

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