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To: Voltaire who wrote (7139)	3/12/2000 10:07:00 PM
From: bonnuss_in_austin	Read Replies (2) of 35685

Voltaire: Hi. I'm new here. I have a "real-time" question for you. If you owned RMBS (or even if you didn't), would you look right now at selling covered calls on it? Don't know if you follow it. Closed Fri $421 after anncmt 4:1 split. Ran up again -- short covering perhaps(?) I've lucked into some tremendous trades and gains on it and want to at least protect profits ... I just looked at the options chains (I am NOT experienced at all with anything except a few LEAPs) ... sigh. Expensive, with no guarantee the stock won't shoot up another 60 -- or down 150, correct? I joined SI because of your "porch" -- LOL! It's great. Want to definitely start doing the CC thang myself; etc, etc. Love your "market condition synopses" ... PS: "Candide?" I believe you own and have "covered" RMBS? What are you doing? And anyone else have any advice? Thanks! bonnuss in austin ###

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