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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (543)1/3/2000 9:54:00 AM
From: Jill  Read Replies (2) | Respond to of 8096
 
ed, i don't understand their reasoning. I read mucho's post out loud to the spartan trader and he double checked--no way.

Irrigating the fields--????

Jill



To: edamo who wrote (543)1/3/2000 10:30:00 AM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 8096
 
Edamo - you deal with Brown & Co.? TIA. >eom<



To: edamo who wrote (543)1/3/2000 1:17:00 PM
From: StockHawk  Read Replies (1) | Respond to of 8096
 
>> a brokerage who deals with the "more sophisticated" investor.<<

It would be nice to hear about a good broker for a change. Are there any you would recommend?

Thanks

StockHawk



To: edamo who wrote (543)1/3/2000 2:39:00 PM
From: taxman  Read Replies (1) | Respond to of 8096
 
i spoke to dreyfus and they told me that you would need to deposit $50,000 in cash to exercise an option (assuming it is the sole asset in your account) with a strike price of $100,000 regardless of the value of the underlying. this is consistent with what jill posted. does your broker waive this rule?

regards