How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: David Wright who wrote (10872)	5/22/1999 10:53:00 AM
From: Jonathan Roy	Read Replies (1) of 14162

I'm pretty sure you can buy options on margin at Dreyfus. They have a note: Option values for margin account are not included in the "Mkt Value" or "Equity" figures listed below, however, they are included in the "Liq Value". on the account status page. That suggests to me you can buy options with margin, but the options themselves can't be margined against. Just give them a call and ask. :) I've found Dreyfus' customer service to be quite nice both by email and by phone. Also, they call me at times to let me know of certain events. For example, I put in a buy on a TGLO option the other day and they called to tell me it was cancelled because the options don't go on the market until Monday. -Jonathan

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