Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (4960)	8/19/1999 4:45:00 PM
From: Uncle Frank	Read Replies (1) of 54805

What a nerve wracking day for a call writer, Bill. This stock wants to surge; I just hope it can hold off until Monday. The math is as follows: At Q < 165, I keep the $4 premium and the stock At 165 < Q < 169, I keep part of the premium, get called on my stock, and will buy it back on Monday. At Q > 169, I don't make, a penny more than at Q = 169; I'll get called, and will buy back on Monday. This is sure a way to keep from being bored on a sleepy day. Frank

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