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Strategies & Market Trends : Giant LEAPs...

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To: Tim Cruise who wrote (257)12/9/1997 11:40:00 AM
From: Mike 2.0  Read Replies (1) of 315
 
Tim,re: I will be watching and ready to buy in and sell some covered leaps.

Please explain your strategy. Will you sell covered LEAPs because you think ORCL has much further to fall? Or do you plan to leg in to a position by buying today hoping ORCL will regain some lost ground, then sell LEAP? I'm considering the latter idea for IRA.

Thx
Mike
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