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


To: Charles who wrote (157)4/2/2000 4:15:00 AM
From: upanddown  Respond to of 159
 
Thanks, Charles

I talked to someone in the margin dept and they did confirm what you said. I think I will sign up. The full margin requirements for naked options (rrufff asked) are:
50% of the underlying stock price, the premium and an point-for-point adjustment for in or out-of-the-money. It is very high but I rarely use margin so I think I will be OK.

John