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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (114790)7/28/2008 3:40:12 PM
From: GuinnessGuy  Read Replies (1) of 132070
 
Mike,

you wrote-
"Craig, that's the same as shorting stocks and I get no rebate. Which means I'm paying more to do the trade than are institutions."

Okay, unfair enough. :(

I was afraid you were going to say that. So if you have high premiums on the options and have no rebates on the shorts, how does one do a market neutral paired trade without the risk exposure of trading naked options?

On another topic - naked shorting. What is your take on this? It looks like the SEC is trying to crack down on it, but are they only cracking down on certain issues? This subject has ruffled a lot of feathers among some friends I have.

Craig
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