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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (36155)	10/12/1999 11:23:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 44573

GZ, have you ever looked at having a long position in account A and a short Position in account B. both put on at the same time. and then selling a covered at the money call in A and sell a at the money put in account B and capturing the premium? Especially when the VIX is high. Thanks, JOhn here is no way anyone can be both long and short at the same time unless you have two separate accounts..... I think that may be illegal.....<g>

To: GROUND ZERO™ who wrote (36155)	10/12/1999 11:44:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Now I'm confused? It's illegal!.... So I cannot hold contracts from 1294, in this case for 6 days and also independently trade any short contracts against this holding. One can only be either long or short at any one time? Well that certainly shows my ignorance about live trading S&P contracts.......that's also going to make trading one "Hell" of a lot easier mentally. Good Grief!!!!! I won't have to carry two sets of forks in my brain. Wonder what else I don't know about the fundamentals of these contracts? Thank You Again GZ, Chip