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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (799)	1/6/2000 1:44:00 PM
From: David Lind	Respond to of 1235

I've been with Fidelity for a long time, and have been trading options with them for about six months. Their new PowerStreet web site lets you sell uncovered, and do spreads. It's very nice. The only drawback is that they don't support Macs on PowerStreet at this point. Only PCs. That's been a problem for me, but may not be for you. Margin is 30%, and commissions are decent. Service is generally excellent. Also, they cover everything from funds to T-Bills. If you do look into them, and if you have a decent sized account, ask about their Spartan brokerage. Their senior reps and traders work in that department. Also, you can now trade with a wireless pager from anywhere. $50. a month for the wireless service, and a free pager with a small keypad. -David