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Strategies & Market Trends : Trading with Jerry Olson(OJ)

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To: Jerry Olson who started this subject6/18/2003 12:42:04 PM
From: Leroyt  Read Replies (1) of 1617
 
Question for the board:

I have some June $2.50's that I want to excercise.

I have a margin account.

Stock price is at $7.

Do I need cash to excercise these options?

(even though margin after excercise is well above the 50% required).

TIA and later, leoryt
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