SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Gotham Guru who wrote (9623)6/3/1998 10:09:00 PM
From: Lazlo Pierce  Read Replies (1) | Respond to of 18691
 
Instigator, most brokerages will allow you to sell naked calls and puts. One just has to have enough margin to cover the cost of exercising the option, and usually another $20G on top of that. So... if I sell 5 naked Dell puts @ 80 I would have to have 40G (for the 500 shares put to me @ 80, and another 20G of margin sitting in my account.

Dave



To: Gotham Guru who wrote (9623)6/3/1998 10:30:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 18691
 
I have accounts with Schwab, Brown & Co. and National Financial and all three allow me to write naked calls! I have had accounts with Waterhouse and another two brokerages that have allow me in the past also! Could you please tell me why this is more dangerous than selling a stock short? In fact I write calls on stocks I would not mind going short, at the money or 5 to 10 points out of the money!

Hank


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News