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Technology Stocks : Lucent Technologies (LU)
LU 2.690+1.9%Jan 12 3:59 PM EST
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To: MRE who started this subject6/5/2002 8:41:02 PM
From: DiB  Read Replies (1) of 21876
 
To all,
interesting observation: if you sold some covered LU calls at Datek prior to spinoff, they are considered uncovered now, after the spinoff. I have no idea why, but they said that's the way it is at Datek.

These uncovered calls have much stricter margin equity requirements.

-DiB
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