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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: james paterson who wrote (40025)	12/19/1998 1:21:00 AM
From: Shane M	Read Replies (1) \| Respond to of 132070

Thread, Have several books from the library on options - including the Options as a strategic investment and am reading through them now. Still not sure how to price them but am working on that. I particularly like the idea of selling calls on positions I currently own but wouldn't mind exiting the equity position. (Is this what you call a "covered call"?) Here's a few questions I have. Any broker recommendations? I use Datek for my stocks and love their interface, but they don't do options of any kind AFAIK. Keeping with the spirit of 90/10 I will only devote a very small portion of funds to this endeavor, especially while I'm learning. (I would use no money and practice on paper, but I've found a little bit of real money makes me focus better, and I don't behave the same way if it's only play money.) With this in mind I need a broker with low to no minimum balance requirements. I prefer an online broker. Are there any execution issues between different brokers that I should be concerned with? I'm willing to pay more per contract if it means the difference between getting a good price or not on the option. Anything else I should be concerned with? Essentially I'm open to suggestions/recommendations. Thanks. Shane