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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: SpecialK who wrote (8182)4/15/1998 8:48:00 PM
From: SJS   of 42804
 
Question 1 is easier than 2.

To call the stock from options, you need cash + margin, like the man said. To call 10, 20 strike options, you need (cash & margin) $20,000. To call 30, 20 strike options, you need 60,000 (cash & margin). The conversion math is easy( number of options * strike price * 100) = cash needed to purchase (plus any commissions to exchange the options and buy the stock, depending on the broker...)

So look in your account and see if it totals up....Maybe you don't have all the cash you need and don't have a margin account, so you can't do it all....
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