Hi all, I have been trading with NAB Online Trading for a few years now (with some success) so I decided to establish a margin loan through NAB Margin Lending. With this facility I wanted to: a) buy shares and write covered calls on these shares; and b) keep the rest out of the market - instead using it as collateral for writing put options However, NAB Margin Lending do not allow investors to write put options (and apparently they're not alone - many of their peers have similar policies). Many people cringe when I mention I'm interested in options; but I think there is far less risk in sensible option trading, when compared to share trading. I would write (if I was allowed!) out of the money calls and puts with a short time to expiry. If I was ever exercised, I would not be disappointed because that means I would be selling shares at a price I was comfortable with and locking in a profit (calls) or locking in a bargain buying price (puts). In the event of a catastrophe I could always buy back my put options to close out my position and minimise the loss. Does anyone know of a margin lender that allows both calls and puts to be written? Or better still, does anyone know of an alternative financing arrangement with the following features: * the freedom to use the funds however I wish * interest only facility * low/no monthly fees * not secured by property (I don't have one! If I had a property, I would be applying for a line of credit) Thanks for reading, Grar Industries.