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


To: Bruce Ravelson who wrote (4644)3/11/2000 6:26:00 PM
From: Jimbo  Read Replies (1) | Respond to of 8096
 
Bruce - I think you answered your own question - why close if I don't need the margin room and no possibility of having it put to you - enjoy !

BYW - E*Trade is useless re option questions - got myself "extended" early January in writing too many puts for my account - they warned me about a margin call - and said I could not close the puts by buying them back but rather had to depositi cash - as if I would ever take that route; that suggestion was totally ridiculous and goes to show you what "green beans" they have on their help line.

I am also getting tired of their $29 commissions for options.