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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: TigerPaw who wrote (2017)11/6/2000 1:39:02 PM
From: KFE   of 2241
 
TigerPaw,

"The rules of the options markets generally limit the maximum number of options on the same side of the market (i.e., calls held plus puts written, or puts held plus calls written) with respect to a single underlying interest that may be carried in the accounts of a single investor or group of investors acting in concert. These limits which are called position limits-differ for options on different underlying interests"

If you ever have to be concerned about position limits you should be doing something else rather than trading options.
LOL- I can remember when 300 contracts was the position limit for all options.

Regards,

Ken
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