You can single point any size of thread you like as long as the lathe can manage the thread pitch. Decent thread charts list the depth of thread per pitch and type, so you know how deep to go. I just cut a thread on a 1" UNF bolt shank, and fortunately checked the pitch first. I was expecting 12tpi, but it turned out to be 14tpi and on a genuine made in the USA bolt.

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