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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: steve goldman who wrote (4317)3/7/1999 7:21:00 PM
From: Maximum_Gain  Read Replies (2) | Respond to of 4969
 
Steve, or anyone?
I am upgrading my Etrade Account so I can trade options, and was wondering what the difference between level 1,2, and 3 is. The application does a poor job describing them.

I am interested in buy and selling calls and puts.

They have the following choices , (pick one)

Level 1 -Write covered Calls
Level 2 - Level one + Purchases/ Covered Puts
Level 3 -Level two + Spreads/Uncovered Puts

Maximum_Gain

PS Steve, I received the news letter from Yamner, It was great.



To: steve goldman who wrote (4317)3/7/1999 11:16:00 PM
From: John M. Allen  Read Replies (1) | Respond to of 4969
 
Steve: I just read that you cannot short in an IRA account. True?



To: steve goldman who wrote (4317)3/7/1999 11:25:00 PM
From: tool dude  Respond to of 4969
 
Steve,does the coverage area include South Carolina.If so please let me know I need to sign up.Thanks,TOOL