Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 122.92

-3.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: edamo who wrote (118395)	4/18/1999 4:21:00 PM
From: Jill	Read Replies (2) of 176387

ed, re: if you are not on margin, as in "borrowing", not as in "capacity"...you cannot get a margin call... I'm not sure if that's true. I had borrowed nothing on margin, sold some puts, (not knowing the 80% requirement on CMGI in terms of generating only 20% of itself in margin capacity) and during the time that DELL and MSFT went down, Fidelity said I was in a theoretical "call" in the sense that they automatically journalled cash from the cash part of my account into the "margin" because the capacity was already overextended and then journalled it out two days later when the stocks recovered a bit. If I'd had no cash in my account I WOULD have been in a call. And my margin capacity varies so widely there it's bizarre--can go up 10x in a single day. I don't know how the heck they figure it out. I do know they have strict requirements in what they hold against a put. So what do you think of that?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next