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Strategies & Market Trends : The Player's Club

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Soumen Barua who wrote (1205)	11/19/1999 4:23:00 PM
From: Bull RidaH	Read Replies (2) of 11513

Soumen, Each contract you have open requires at least $25,000 in your account to hold it overnight, and at least $12,500 in your account to hold it for a day trade that is closed by 4:15pm EST. So based on your 11/18 closing balance of $386K+, you could have 15 contracts open overnight, or as many as 30 open intraday. Regards, David

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