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Technology Stocks : Micron Only Forum

MU 312.15

-1.0%

3:59 PM EST

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To: valueminded who wrote (34641)	6/9/1998 1:02:00 PM
From: ratan lal	of 53903

Chris I have unlimited risk from the put not the stock - and in order to do that I have to apply for the margin level which allows naked puts. YOur risk is strike price of the stock (not unlimited)in case the stock goes to zero. But brokers do need to protect themselves so their requiremetn for margin agreement is reasonable. It contains all kinds of wording stating that you understand there is unlimited risk, you are experienced etc. etc If you want the facility, sign the agreement. ratan

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