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Non-Tech : Dreyfus Brokerage Services -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (155)	3/30/2000 6:36:00 AM
From: rrufff	Respond to of 159

Last time I checked Dreyfus, they had a 50% margin requirement for selling puts, that's 50% of the underlying stock, which is very high. Do they still have this?

To: upanddown who wrote (155)	4/2/2000 3:54:00 AM
From: Charles	Read Replies (1) \| Respond to of 159

John, Dreyfus does allow selling naked option via internet. The main difference between a typical option order entry screen and naked option entry screen is that naked option entry screen now strictly "margin account" and "sell to open". Yes, I still see stop loss and stop limit in naked option entry screen. Also on the screen, it specifically says spread orders are not authorized through the web. I can't comment on naked option executions since I have never tried it. Charles