Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: wmwmw who wrote (846)	5/28/1998 9:41:00 AM
From: MJR	Read Replies (2) of 2241

Wang: Part of the answers to your questions depends on the broker you use. I use Dreyfus (www.edreyfus.com) so my answers will reflect what can be done there. 1.Can I use proceeds from sales of stocks to make option order immediately? YES 2. Can I use proceeds from sales of options to make new option orders immediately? YES 3. Can I daytrade option, to use some fund to buy and sell option many times in the same day? YES Good Luck, Mike

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