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.

Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: semi2000 who wrote (7505)	1/18/2004 12:54:53 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 13403

OT Hi, (a)you will receive $500(less commission) in your a/c for selling the put (b) your margin balance will reflect the $4K liability(fluctures according to the price movements). However, there is no "margin interest" for the $4K cuz it's an "obligation" until assignment or closing..etc. Your margin requirements and the buying power would be affected based on the nature of your a/c and your particular arrangements w/your broker. For example, some on-line brokers may reduce your margin buying power by $2K for the $4K "obligation". The above is just my own experience and I am sure that there is more complete info from Sam.