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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: jebj who wrote (8871)	11/9/1998 5:15:00 PM
From: Tom Halkar	Respond to of 12039

Hello Jb <I don't, however, understand why the broker would care if you sold a stock you had sold a call on IF THE STOCK WAS DOWN from where you purchased it. All you need do if it starts back up is buy it back - at less than what you sold it for and a profit! Also, if you kept enough money in account to cover the call, why would it be a problem?> I am not qualified enough to add any additional explanation. Are there any brokers out there who could answer this question? Jb I would ask that one to your broker and let him explain it to you. Probably has something to do with liabilities and protecting himself. Tom The Windy City