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Strategies & Market Trends : Tech Stock Options

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To: Rick C. who wrote (31853)12/23/1997 3:57:00 PM
From: Electric  Read Replies (1) of 58727
 
Rick,

Yes, I was rejected and it said that I was not approved to write puts, which is odd since I can short stocks. I am not sure why especially since I already have the leg in place, the INTC 65's.

I will call and talk to their brokers, but it doesnt suprise me, E*Trade has been full of problems to me and their server is always having problems etc..

For anyones intrest, I bought Feb 130's on MSFT at 5, I bought SCOP shares at 11

Looks like the market isnt digesting very well today.

Patrick,
thanks for that info, did you hear my MOT story? I had Dec 65 puts, got nervous (this was in Oct) and sold at break even..lost alot on that one, I went of the reco from a line I watch.... I also had SEG puts and made ok on them but released early..
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