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To: D VanSwol who wrote (6772)	2/5/1999 4:02:00 PM
From: JZGalt	Read Replies (1) of 18928

Dennis, You need to have a margin account and fill out some paperwork at your local brokerage house first. As a result of the margin requirement, you cannot do this in a tax sheltered account like an IRA. Once that is done, I strongly suggest you take the Options Industry Council material and study it. It will tell you about the risks and rewards of using options. The one thing that I will tell you is never trade more contracts than you would normally trade in stock. If you deal with 1,000 shares at a clip, then do not trade more than 10 contracts even though they might only be $1.50 each. ---- Dave

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