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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (50212)7/13/1999 2:42:00 PM
From: Linda L  Read Replies (1) of 120523
 
Option Jerry,
I own INTC and really would like to keep them but would like to make a little extra. Since a lot of gemmers are buying puts on INTC, would you sell august 60 covered calls on INTC with the expectation that it will go down after earnings and you could buy them back? I still haven't quite got this option thing!

thanks,
Linda L.
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