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Strategies & Market Trends : Tech Stock Options
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To: AlanH who wrote (54675)10/3/1998 10:39:00 PM
From: Linda Kaplan  Read Replies (2) of 58727
 
Wow, Alan! You knock me out. Gosh.

I do really simple option plays.

I haven't even been able to figure out where the stock comes from when I write puts and am assigned and have to buy the stock. It makes me feel like I'm contemplating my navel when I try to unravel that.

I have just one question for clarification (so far) in re: your excellent note. Do you mean an extra $25,000 in cash (options) buying power is necessary to initiate a spread in the indexes? or just $25,000 in equities in the account?

Thanks so much.
Linda
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