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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (38727)4/9/1998 9:30:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Probably Duke & Duke.

I'm sure there are many fine firms in Philadelphia. Certainly there would be branches of the more well-known international firms. But I'm not familiar with any particular one.

For each contract you should have about $10,000 to daytrade and $12,000 to hold overnight. Ballpark.

Personally, I find it difficult to daytrade less than 4, but that does not mean it can't be done. As far as futures options; I've never traded them, just S&Ps

I think what you meant about TT is that at any given time you are either long from a number, short from a number or flat. That's correct.

So if you sold an S&P contract yesterday at 1120.00 and bought it back at 1112.00 your account would be credited 800 points or $2000.