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downtherathole

04/01/09 12:39 PM

#1451626 RE: ohiotom #1451601

you aren't writing covered calls right? you should just "buy to open" no of contracts, and limit or market. the example you gave, 100 calls at 3 bucks, is a huge amount of money. each 3 dollar contract is 300 dollars. be careful.
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downtherathole

04/01/09 12:40 PM

#1451629 RE: ohiotom #1451601

i use etrade, it's no different than other houses. call the margin clerk and sort it out. maybe you haven't signed the margin and option agreements?
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downtherathole

04/01/09 12:42 PM

#1451632 RE: ohiotom #1451601

oh, and by the way...kiss the rest of your dough goodbye.