Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (106793)	4/19/2000 11:41:00 AM
From: Kenith Lee	Read Replies (3) of 1574489

Level 1: selling cover calls Level 2: buy and sell option Level 3: writing options (uncover) If you are new to options. You won't be getting Level 3 soon. You may get Level 1 after reading the handbook (required by law). After a probational period, you may apply for level 2 (they require you to read that damn book again). Level 3 varies from broker to broker. Some review your option trading history. Some require years in trading options. Level 3 requires a margin account and a large equity balance.

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