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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Joe Waynick who wrote (8424)8/31/1998 2:13:00 PM
From: micny  Read Replies (4) of 14162
 
To Anyone;

This may be a stupid question...but....If one is holding shares against which he has purchased additional securities on margin, and the shares have gone down in value such that a margin call is imminent, can they be used to sell calls to "raise" cash to meet the margin call?

TIA and I apologize if this is a really stupid question.
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