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Gold/Mining/Energy : Canadian Warrants Only

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To: VisionsOfSugarplums who wrote (14338)	7/17/2010 7:17:25 AM
From: tyc:>	Read Replies (1) of 23087

About the margin requirement of short puts. In addition to a percentage of the price of the underlying, 100% of the premium of the puts sold is required. But at the time of sale, that same amount of cash goes into your margin account as proceeds of the sale and therefore contributes (100%) to available margin. Is that correct ? There's a line of advice in Othello. Did the bard have naked put-writing in mind ? Put money in thy purse !

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