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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST

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To: Chris Anderson who wrote (1445)4/22/1998 10:53:00 PM
From: David Lawrence  Read Replies (1) of 3813
 
>>Steve, selling covered calls on NVLS is extremely risky business as I have learned in the past. NVLS can just rocket straight up at times!

There is no financial risk in selling covered calls others than limiting appreciation potential. On the other hand, selling uncovered calls is extremely risky, since there is unlimited financial risk.
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