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To: LWolf who wrote (81640)11/20/1998 10:13:00 PM
From: Don Martini  Respond to of 176387
 
Laura, I don't know exactly what the rates are, but they're low, for example:

15 @ 3/8 $26
16 @ 2 1/8 $43
15 @ 15/16 $41
20 @ 22 $50
10 @ 1 1/8 $30

It averages around $2.70

Brown handles options well, use the lowest reserve deposit:
20% + the premium + out-of-the-money
Or 20% + the premium minus in-the-money.
The minimum is 10% plus the premium, I think.

Sorry I can't be more exact.

Don