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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (3817)7/14/2000 12:04:05 PM
From: chic_hearne  Read Replies (1) of 436258
 
Re: why do they limit you at all? very strange - or is this in connection with shorting options?

heinz, I'm not sure, maybe because I'm only 23? I can buy puts and calls, but am not authorized to sell puts or calls, unless they are covered. I do make some trades in a relatives account when I want to do a straddle or something, but it's a bitch trying to figure out how to transfer the money with taxes, etc. My account is with Suretrade. I applied with MER where my mom works and got the same crap from them. My account is getting big enough where I can have all 190 contracts used up and still have cash left over. I've been real happy with the fills I've been getting though. About 1 out of 4 limit trades I make gets filled better than my limit, so I'm reluctant to switch brokerages. By the end of next week, somethings going to have to give if I get the action I'm expecting out of AMD and IBM.
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