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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: Mathon Dabasir who wrote (679)1/23/1998 3:53:00 PM
From: Tim Bagwell  Read Replies (2) | Respond to of 6846
 
Um, Mathon I hate to break this to you but going into margin to cover a PUT is not considered a covered position. So strictly speaking you aren't selling PUT's against a QWST position.

You need to be short QWST to be covered on writing PUT's.



To: Mathon Dabasir who wrote (679)1/26/1998 11:19:00 PM
From: Chris Singer  Read Replies (1) | Respond to of 6846
 
Thanks. I understand now.

Chris


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