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To: Wyätt Gwyön who wrote (84118)5/5/2007 10:18:22 PM
From: ChanceIs  Read Replies (1) | Respond to of 206326
 
>>>one positive thing about options in a cash acct is they settle in one day instead of three.<<<

Check me on this, but I am sure that options are always treated as non marginal securities. You can hold them in a cash account or a margin account. Regardless of the account type, they require cash settlement - which I believe is SAME DAY (perhaps one day - I would need to check).