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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: Howard R. Hansen who wrote (2071)6/11/2001 12:00:30 AM
From: Joe Waynick  Read Replies (1) of 2241
 
Thank you Howard for your response. Several others have told me the same thing. However, I still think it’s a strange rule since naked puts are equivalent to covered calls. The fact that it’s done in a margin account is a function of the brokers’ policy, and can easily be changed if desired. I think it's more likely the broker wants to encourage the use of margin so they can charge interest.

Sorry didn't mean to ramble. Thanks again.

Joe
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