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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (48010)	6/18/1999 12:09:00 PM
From: wlheatmoon	Read Replies (1) of 86076

cool. i sold some covered calls on some shares. sold october 25's for 1 5/8...that gives. bought it for 22 1/2. if it gets called, i'll end up with 4 1/8 points or 18% return in 4 months....if it doesn't i've made 162.5 bucks (per contract, obviously) plus interest just to hold it. if it goes to 50, i'll be green with envy, but not dissatisfied. if it goes to 5, i'll be sad. that's the story, and i'm sticking to it..... -g-

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