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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (4199)	2/16/1999 9:31:00 PM
From: John Sanderson	Read Replies (1) of 4969

Steve, Does Yamner&Co allow the selling of naked calls and puts? My current broker only lets very large accounts do this. I have a nice size account, but the short fat bald guy who manages all the options at my current broker caught me selling naked calls and made me stop doing it. Not before I make a ton selling DBCC calls in the high 30's. I use this stragety very rarely and it avoids the problem of getting the borrow for shorting. What is Yamner's rule for this? Thanks John

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