C-Cube Message Board - Msg: 3653021

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Technology Stocks : C-Cube

CUBE 35.40

-1.8%

Jan 2 9:30 AM EST

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To: Larry Brew who wrote (30638)	3/9/1998 5:50:00 PM
From: ViperChick Secret Agent 006.9	of 50808

dude you need to watch your tape again... you sell a put and THEY CAN PUT IT ON YOU!!!! cube could be 10 but you have to buy the stock at 20 you are talking about selling a covered call....you get the premium...but they can take the stock away from you... that is why you do this cube pops back up to 19 or 20 you think it will be lower by march expiration you sell the call and get the premium...if Cube is over 20 they can take the stock from you if cube is lower than 20 ...you keep all the premium.... this is a way to repair the damage cube is doing to you.....if a stock languishes or goes down you sell covered calls on the stock...and the only risk you have is that it is called away from you at a certain price and if you dont want it called away you can buy back the call... what do you think some joker just did to me you could have sold me my 22.5 calls when Cube was at 22..and you would be laughing all the way to the bank at options expiration this month..cause Cube aint going over 22.5

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