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Technology Stocks : Network Appliance
NTAP 115.66-2.9%Dec 12 9:30 AM EST
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To: briank who wrote (4777)10/22/2000 10:57:49 AM
From: BDR   of 10934
 
<<The draw back I see is that I'd tend to hold the margin longer if I had calls written on it. >>

If you sold the equity to reduce margin you would be naked the calls which you don't want to do and which your broker may not let you do. On the plus side, depending on how your broker accounts for the proceeds from the sale of calls, the option premium received should reduce the margin until the option position is closed.
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