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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Judy who wrote (7631)	4/19/1998 3:58:00 PM
From: Darth Trader	Read Replies (1) of 42787

Judy, I remember last Fall, I think it was you, that mentioned about selling naked calls in tech stocks that we like. If the stock moves away from our position, it would actually be a good thing because we would like to own them anyway. I am looking at INTC, I feel if the stock goes to $100 next Jan $120 would not be far away. So could a trader write naked $100 Jan puts and buy Jan $110 Calls? What would be the risks? Thanks! Don't tell me I need to blow the dust of my copy of Options as a Strategic Investment by Lawrence McMillian? gggggggg

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