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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Les Paul who wrote (1328)12/9/1998 8:01:00 PM
From: Don S.Boller   of 3299
 
L.P.: HOW'S M.F........................Re covered calls.........................
When you are long a stock - say 300 shrs. of XYZ...you can
sell 3 calls against your position (as you have the shares to
deliver IF it is called away).
Best,
Don
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