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To: SecularBull who wrote (153323)2/8/2000 5:49:00 PM
From: Didi  Read Replies (1) | Respond to of 176387
 
OT: LONGonFIBER

Hi,

Belated thanks for the link.

My name was mentioned elsewhere from supplying a gentleman with "the pricing of options" link below.
phlx.com

Please keep in mind that age has very little to do with intelligence. Stay firm if you believe you are correct.

Best wishes,

Di



To: SecularBull who wrote (153323)2/8/2000 6:26:00 PM
From: edamo  Read Replies (2) | Respond to of 176387
 
lof...ot ot ot oh well, let me learn you...retort this!

you said: "sell a put at a strike of $100 and you must maintain $33000 in unencumbered cash or margin to maintain the position"

strike of $100, means if assigned you accept the 100 shares at $100 or $10000 total. so far so good, or have i lost you yet? margin requirement is 20% less the premium, with adjustment for in or out of the money...so worst case $2000 unencumbered.

clear enough young man?

did you use the same "new math" to calculate your 10500% return on your portfolio in forty months?

you are so clueless that you don't even know it...