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To: Bipin Prasad who wrote (35482)10/29/1998 2:58:00 PM
From: Richie  Read Replies (1) | Respond to of 97611
 
Bipin,

You have to have an account approved for options trading. There is a form you have to request from your broker when trading options. Usually, if you fill it out and send it back, they approve it......
there is all kinds of little clauses in the thing......
basically, they tell you that you trade at your own risk...not on their recommendations.

RichieH



To: Bipin Prasad who wrote (35482)10/29/1998 4:36:00 PM
From: Peter Algoet  Read Replies (1) | Respond to of 97611
 
Bipin,

I have an account in Belgium approved for options trading. I've signed a paper for doing option trading.

I'm not so familiar with option trading, but I know what covered calls are or protective puts or cash secured puts.

My problem is that mostly I don't know the best strategy for option trading such as writing covered calls to lower my cost of purchased shares.

Advice from an expert in option trading is always welcome.

Peter.


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