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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: Aaron Weiss who wrote (182)	6/25/1998 8:30:00 PM
From: Tom K.	Read Replies (1) \| Respond to of 2317

I use Brown and the web site is very good for simple buy/sell option orders (i.e., no spreads). The next release (they told me today) will handle spreads but is a month away. Tom

To: Aaron Weiss who wrote (182)	6/26/1998 10:24:00 PM
From: pcyhuang	Respond to of 2317

Hi, Aaron: So far I have preferred Ameritrade over Etrade for trading of options. Etrade allows one only to write put options against cash but not naked calls. A few naked calls are sometimes useful as a porfolio hedge in this uncertain time. Also, I like Ameritrade's margin requirements, lower than that of Etrade's.Ameritrade's order-mechanism for spread trades is just great. In general, I am very happy with Ameritrade. One final point: Ameritrade's accounting of liquation value is superior to the less accurate Etrade's equity accounting. best regards, pcyh --- pronet.com.tw