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

To: Lazlo Pierce who wrote (9634)	6/4/1998 11:04:00 PM
From: Gotham Guru	Read Replies (2) \| 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 << Yes for puts ther is a limit to what can be put to you but the calls are infinite in a sense so I imagine you would need a much larger amount of margin if allowed at all Instigator p.s. you never said which brokerage allows you this