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Non-Tech : E*Trade (NYSE:ET)
ET 16.72+0.9%3:59 PM EST
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To: Robert Giambrone who wrote (3033)6/12/1998 11:02:00 PM
From: pcyhuang  Read Replies (1) of 13953
 
Option traders deserting E*trade

Hi, Robert:

Perhaps you are unaware that many option traders are said to be
deserting E*trade for the following reasons. E*trade does not provide
an order-entry mechanism for spread trading in options, or stock with
the underlying options; E*trade's margin requirements for options
writing are too onerous; and E*trade uncompetitve policy of not
allowing naked call options writing in this very uncertain market
environement.

Best regards,

pcyh

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