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From: ptrewhe...@gmail.com
Date: Fri, 18 Apr 2008 14:50:00 -0700 (PDT)
Subject: Re: Google options up 17530%. could someone Explain this
You don't need a huge account, you just need approval for a certain
level of options trading. I don't write naked options, but I will often "leg out" of a spread, leaving me with a naked put or call. It only requires a margin account, and there are certain margin requirements. If the stock moves against you, then you may get a margin call, but you don't need a large amount of money. a.grochol...@gmail.com wrote:
> pb4pmin... a couple of place I checked with wouldn't let me write > naked options. I didn't ask what it takes to do that, but I suspect > that you need to have lots of money in your account. Either way, > Inashad was at least half right in that most normal people probably > can't write naked options. You must Sign in before you can post messages.
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