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To: Petz who wrote (208164)8/11/2006 8:49:22 PM
From: Elmer PhudRead Replies (2) | Respond to of 275872
 
Petz, I really don't know what the formula is for margin requirement when writing naked options positions. I think the formula is rather complex because once in an IRA I was required to have more cash on hand than an assignment would have required to purchase the shares in the event of a PUT assignment. Why would I need more cash than the full purchase price? Go figure.