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

To: edamo who wrote (3215)	2/18/2000 1:33:00 PM
From: Paul Merriwether	Read Replies (2) \| Respond to of 8096

ed I too get my quotes online, but those quotes almost never seem to match the quotes that a phone broker gives at that _same_ instant! Who do you use for your options quotes?(if I may ask...) //start rant... Selling puts not always to the buyer's advantage(obviously), but that should be their choice(if they have the buying power). Period. Brokerages just need worry about margin maintenance and not policing the propensity and proclivities towards speculation of its clients! If the houses are worried about exposure, all they need do is have a higher margin requirement! I personally have not had such a problem, but too many others. The funniest being one in which the common split on the same day as expiration--come monday I had an extra few hundred K in my account and for three days my dorkerage(including the options "Expert") would not listen to my request to set things right i.e. take their moeny back! The extra money magically disappeared on settlement date... As an aside selling puts is inherently less risky than selling naked calls(just like going long is less risky than going short due to the finite downside, all else equal).. //end rant... regards -PWM