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Re: [RT] Options Accoun Margin Anomaly



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They do keep tabs on margin for options sales.  They use a SPAN system, I
believe that is what it is called.  Since 1987 they have been careful about
watching margins, especially on short puts.
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <Realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxxx>
Sent: Sunday, January 05, 2003 4:48 PM
Subject: [RT] Options Accoun Margin Anomaly


>
> Is it me or the system...one does business with a firm. If you buy or
> sell a stock on margin, they keep a running tab on the margin used.
> At the same time, they do not keep tabs on margin used by options
> sales...and this is not just one firm that I speak about.
>
> Any rationale that I am missing?
>
> John
>
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