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sonetirot

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sonetirot

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Re: bear427 post# 168440

Thursday, 09/28/2006 8:14:43 PM

Thursday, September 28, 2006 8:14:43 PM

Post# of 432796
Do you having 750 Naked PUT contract (75,000 shares) at one time? I guess you must be multi-millionairs. To be able to write that many contracts, it would require a lot of margin power. I have naked PUT between 60-80 contracts at any given time with account value about $250k in regular account. Not too over extend margin power. I hope you did not get in trouble when 10 points drop in July. During that day my loss was $80k+. I guess your lost that day was almost a millions.
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