Man, there are some GREAT options out there right now. Unfortunately I don't even know where to begin. I don't even know what to say to my Schwab broker.
This was on the front page of my Schwab account, long but interesting ...
Urgent Notification 3341-0259
Margin trading maintenance requirements and buying power calculation for certain volatile stocks
Margin trading maintenance requirements and buying power calculation for certain volatile stocks
In response to the recent volatility of certain stocks, the margin maintenance requirements for the stocks listed below are now subject to either a 50%, 60%, or 70% maintenance requirement. In addition, a listing of widely held stocks recently had their margin maintenance requirements changed from 100%. to 80%. These are also listed below. We want to ensure that your account maintains sufficient equity to cover large price movements in these particular stocks.
Maintenance requirements may change without notice. Trades in these stocks should be placed with the new requirements in mind. The Buying Power for these stocks can be derived by accessing Buying Power Detail in the Balances screen and dividing the non-marginable securities balance by the applicable maintenance requirement.
The following stocks are now subject to the new 80% maintenance requirement:
For securities with a 80% maintenance requirement, the buying power is equal to the non-marginable securities buying power balance divided by .80.
AGIL
APNT
ARBA
ATGN
ATHY
AXNT
BBI
BNBN
BRCD
BWEB
BRNC
CMDX
CMGI
CPTH
DIR
DRTN
DSCM
ETYS
FCOM
FCST
FFIV
GNET
GSPN
HLTH
HOOV
ICCI
ICGE
INIT
INSW
ISLD
ISPD
JNPR
JPTR
LAUN
LOAX
LQID
MCSW
MIHL
Agile Software Corp
Appnet Inc.
Ariba Inc.
Altigen Comm.
Appliedtheory Corp.
Axent Tech Inc.
Blockbuster Inc.
Barnesandnoble.com
Brocade Comm.
Backweb Tech Ltd
Braun Consulting
Chemdex Corp
CMGI Inc.
Critical Path Inc
DLJ Direct
Data Return Corp.
Drugstore.com Inc.
Etoys Inc.
Focal Comm Corp
Flycast Comm Corp
F5 Networks Inc.
Go2Net Inc.
Globespan Inc.
Healtheon/Webmd
Hoovers Inc.
Insight Comm Inc.
Internet Capital Group
Interliant Inc.
Insweb Corp
Digital Island Inc.
Interspeed Inc.
Juniper Networks
Jupiter Comm Inc.
Launch Media Inc.
Log On America Inc.
Liquid Audio
Mission Critical Sware
MIH Ltd
MKSI
MLTX
MMXI
MPPP
MRBA
NASC
NETP
NPLS
NTIQ
NTRO
NTSL
ONXS
PCLN
PCSA
PCTI
PDYN
PRSF
QSFT
RAMP
RBAK
RDWR
RHAT
RTHM
SBAC
SCNT
SILK
SLGX
SMDK
TENF
TMWD
TSCM
VERT
VIAN
VSTR
WCG
WITC
ZDZ
MKS Instruments Inc
Multex.com Inc.
Media Metrix Inc.
MP3.com Inc.
Marimba Inc.
Ntwrk Access Solns
Net Perceptions Inc.
Network Plus Corp
Netiq Corp
Netro Corp
Netsolve Inc.
Onyx Software Corp
Priceline.com Inc.
Airgate PCS Inc.
PC-Tel Inc.
Paradyne Ntwrks Inc.
Portal Software
Quest Software Inc
Ramp Networks Inc.
Redback Ntwrks Inc.
Radware Ltd
Red Hat Inc.
Rhythms Netconn Inc
SBA Comm Corp
Scient Corp
Silknet Software Inc.
Saleslogix Corp
Smartdisk Corp
Tenfold Corp
Tumbleweed Comm
Thestreet.com Inc.
Verticalnet Inc.
Viant Corp
Voicestream Wireless
Williams Comm Grp
WIT Capital Grp Inc.
Ziff-Davis Inc - ZDNet
The following stocks are subject to the 70% maintenance requirement:
For securities with a 70% maintenance requirement, the buying power is equal to the non-marginable securities buying power balance divided by .70.
AEIS
ALKS
AMTD
AMZN
ANCR
ARMHY
ARTG
BAMM
BRCM
BYND
CLRS
CMNT
CMRC
COVD
DBCC
DCLK
EBAY
EGGS
EGRP
Advanced Energy Ind.
Alkermes
Ameritrade
Amazon.com
Ancor Comm Inc
Arm Holdings Plc ADR
Art Tech Group Inc
Books-A-Million
Broadcom
Beyondcom Corp
Clarus Corp
Comp Network Tech
Commerce One Inc
Covad Comm
Data Broadcasting
DoubleClick
eBay
Egghead.com New
E-Trade
EXDS
FIBR
GO
KTEL
LBRT
LCOS
MKTW
NSOL
NTPA
PWAV
RETK
RSII
SABB
SEEK
UBID
VIGN
VISX
YHOO
ZONA
Exodus Comm
Osicom
Go.com
K-tel
Liberate Tech
Lycos
Marketwatch.com
Network Solutions
Netopia
Powerwave Tech, Inc.
Retek Inc
Reckson Services
Pacific Cap Bancorp
Infoseek
uBid
Vignette Corp
VISX, Inc.
Yahoo!
Zonagen
The following stocks are subject to the 60% maintenance requirement:
For securities with a 60% maintenance requirement, the buying power is equal to the non-marginable securities buying power balance divided by .60.
HHH
QCOM
Internet Holding Trust
Qualcomm Inc.
The following stocks are subject to the 50% maintenance requirement:
For securities with a 50% maintenance requirement, the buying power is equal to the non-marginable securities buying power balance divided by .50.
ABGX
ACTU
ADIC
ADRX
ADVP
AFFX
ALGX
ALLR
ALSI
AMCC
AOL
APHT
ARTC
ARTT
ASDV
ATHM
AVGN
AVIR
AWRE
BCRX
BEAM
BEAS
BGEN
BRKT
BRW
BVSN
CACS
CBSI
CCRT
CDNW
CELG
CKFR
CLFY
CLRN
CLZR
CMTN
CMTO
CNCX
CNET
CNXT
COF
CORL
CRGN
CSTR
CTXS
CVTX
CYTC
DISH
DLIA
DTPI
EAII
EFNT
ELIX
ELNK
EMIS
EMLX
ENTU
EPAY
ESPI
ETEK
EWBX
EXTR
FATB
GBBK
GEEK
GLIA
HAUP
HIFN
HLIT
ICOR
ICOS
IDC
IMNX
IMRS
INFY
INKT
INSP
ISSX
Abgenix Inc
Actuate Corp
Advncd Dig Info Corp
Andrx
Adv Paradigm Inc.
Affymetrix Inc
Allegiance Telecom Inc
Allaire
Advantage Learn Sys
Applied Micro Circuits
America Online
Aphton
Arthrocare Corp
Advncd Radio Tel Corp
Aspect Development
At Home
Avigen Inc.
Aviron
Aware
Biocryst Pharm. Inc.
Summit Tech
BEA Systems Inc
Biogen Inc.
Brooktrout Inc.
Broadwing Inc.
BroadVision
Carrier Access Corp.
Complete Bus. Solu.
CompuCredit
CD Now
Celgene Corp
Checkfree Hldngs Corp
Clarify
Clarent Corp
Candela Corp.
Cooper Mt Ntwks Inc.
Com21 Inc
Concentric Networks
Cnet
Conexant SYS. Inc.
Capital One Fin
Corel Corp
Curagen Corp
Coinstar Inc.
Citrix Systems
CV Thererapeutics Inc
CYTCY Corp
Echostar Comm.
Delias
Diamond Tech Ptnrs Inc
Engineering Anim.
Efficient Ntwrks Inc
Elec Lightwave - Cl A
Earthlink Networks
Emisphere Tech Inc
Emulex
Entrust Tech
Bottomline Tech
E.Spire Comm
E-TEK Dynamics
Earthweb
Extreme Ntwrks Inc
Fatbrain.com
Greater Bay Bancorp
Internet America
Gliatech
Hauppauge Dig Inc
HI/FN Inc.
Harmonic Inc
Isocor
Icos Corp.
Interdigital Comm
Immunex
IMR Global
Infosys. Tech.-SP ADR
Inktomi
Infospace.com
ISS Group
ITWO
JDSU
KERA
LEAF
LGTO
LKST
LORX
LVCI
LWIN
MACR
MDEA
MFNX
MGCX
MICT
MNMD
MSPG
MSTR
MTIC
MUSE
MXT
NBCI
NITE
NMSS
NOPT
NPNT
NTAP
OCLI
OMKT
OPMR
OPTX
ORTL
PETM
PHTN
PIXR
PLMD
PMCS
PROX
PRTL
PSIX
PUMA
PVN
QLGC
REFR
RFMD
RMBS
RNWK
SAPE
SCAI
SDLI
SHRP
SNDK
SONE
SPCT
SPLN
SPYG
SRCM
SWCM
TALK
TGLO
TMCS
TMSR
TQNT
TUTS
TXCC
UNFY
USIX
USWB
VPHM
VRIO
VRSN
VRTS
VRTY
VSVR
VVTV
VYTL
WCII
WIND
ZOLL
i2 Technologies
JDS Uniphase Corp
Kera Vision
Interleaf Inc
Legato Systems
Leukosite Inc
Loronix Info Systems
Laservision Centers
Leap Wireless Intl Inc
Macromedia
Media 100 Inc
M.media Ntwk-A
MGC Comm. Inc.
Microcell Telecomm
Minimed
Mindspring
Microstrategy Inc.
MTI Tech Corp.
Micromuse
Metris Companies
NBC Internet Inc.
Knight/Trimark
Natural Microsys Corp
Northeast Optic Ntwk
Northpoint Comm
Network Appliances
Optical Coating Lab
Open Market
Optimal Robotics Corp
Netoptix Corp
Ortel Corp
PetsMart
Photon Dynamics Inc
Pixar
Polymedia Corp
PMC - Sierra Inc
Proxim
Primus Telecom
PSInet
Puma Tech. Inc.
Providian
Qlogic Corp.
Research Frontiers
RF Micro Dev, Inc.
Rambus
Realnetworks
Sapient Corp
Sanchez Comp. Assoc.
SDL Inc
Sharper Image
Sandisk Corp
Security First
Spectrian Corp
Sportsline USA
Spyglass
Source Media
Software.com Inc
Talk.com Inc
theglobe.com
Ticketmaster
Thrustmaster
Triquint Semicond Inc
TUT Systems
Transwitch
Unify Corp
USInternetworking Inc
USWeb
Viropharma Inc.
Verio
Versign
Veritas Sftwr Corp
Verity Inc
Videoserver
Valuevision Intl - Cl A
Viatel
Winstar Comm.
Wind River Systems
Zoll Medical Corp
1999 Charles Schwab & Co., Inc. Member SIPC/NYSE (0199-0394)
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