Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (17339)	3/14/2000 6:41:00 PM
From: Zach E.	Read Replies (1) \| Respond to of 42523

I think that selling cash-secured puts (pretty much the same thing that you are talking about, I think) is a good strategy at times also. It is kind of funny that the brokerages consider covered-call selling to be OK for novices, but put-selling is at the highest approval level (at Etrade, at least), since they are equivalent strategies. I guess that the margin requirements for selling naked puts (20-30% ?) are lower than the requirements for stock ownership, but I would never go that far out on a limb..