[RT] Managing covered call risk

[MikeSuesserott@xxxxxxxxxxx]

Hello Quant,

commitment is fine, but if your chips are gone, I don't know if commitment
alone will be accepted as margin by your friendly broker.

My unenlightened broker insists on money. How low can one stoop?

Take care,

Michael Suesserott


> -----Ursprungliche Nachricht-----
> Von: TheQuant [mailto:thequant@xxxxxxxxx]
> Gesendet: Wednesday, March 13, 2002 22:09
> An: MikeSuesserott@xxxxxxxxxxx
> Betreff: Re: [RT] Managing covered call risk
>
>
> Hello MikeSuesserott,
>
> Mtod> first  duty  is not to inflict additional harm upon the patient.
> Mtod> The trader's first duty is to keep the capital intact.
>
> I would argue that the traders first job is to make money to heck with
> everything else.  If you don't have commitment the you have what?
>
>
>
> --
> Best regards,
>  TheQuant
>
>
>
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